Practice question
Partners propose redeeming a charged interest with partnership property but omit consent of the partners whose interests are not charged or sold. They say the separate-property alternative’s freedom automatically applies. Which is best?
- Using firm property never requires the stated consent
- The partnership-property route has its own all-unaffected-partners-consent condition
- Every partner’s interest is automatically charged
- Private convenience erases the statute
- Only the debtor partner’s signature can matter
Legal references
- Civil Code, RA 386: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/53360; Articles 1813-1814.
Answer this question in flashcards to review your response and continue practicing.