Practice question
A partner assigns the whole interest. The assignee claims that assignment itself ended the firm immediately despite no other dissolution ground. Which is correct?
- Every transfer automatically dissolves every firm
- The assignee may privately abolish all creditors
- The seller’s preferred label decides every dissolution
- Article 1813 expressly rejects automatic dissolution from assignment alone
- The partnership has no continuing legal relations
Legal references
- Civil Code, RA 386: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/53360; Articles 1813-1814.
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