Question

Simon, Paul, and Mark have been partners in a law firm for several years. However, they have recently encountered difficulties and are considering the dissolution of their partnership. Answer the following questions based on the given scenario and the provisions of the Civil Code on Dissolution and Winding Up of a Partnership (Art. 1828-1842).

1. Discuss the grounds for the dissolution of a partnership under the Civil Code.

2. Explain the process of winding up a partnership and settling its affairs.

3. Suppose Simon wants to continue the law practice after the dissolution of the partnership. Can he use the partnership's name and goodwill?

1. Explain the effect of dissolution on the authority of the partners to bind the partnership.
2. What are the liabilities of the partners in settling the debts and obligations of the partnership?