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AllBar 2024COMMERCIAL AND TAXATION LAWSII. PARTNERSHIPC. Property Rights of Partners (Civil Code, arts. 1810-1814)

Question

Subject: Partnership

C. Property Rights of Partners (Civil Code, arts. 1810-1814)

Question:

Lucas, Mario, and Sofia are partners in a law firm. They have been operating the firm for several years and have accumulated various assets during that time. Lucas is considering withdrawing from the partnership due to personal reasons.

Discuss the following situations and determine the respective property rights of partners:

  1. Lucas contributed a property to the partnership at the start of their business. What happens to this property if Lucas withdraws?
  2. During their partnership, Mario purchased a new computer for the law firm using personal funds. What happens to this computer if Mario decides to leave the partnership?
  3. Sofia made improvements to the firm's office space using partnership funds. If Sofia withdraws from the partnership, does she have any claim over these improvements?



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