Questionnaire For Long Quiz in Partnership

1. As counsel, a group of one thousand people came to you for advice on the formation of
partnership. What will be your advice to the group?
2. Two Japanese Nationals came to you for preparation of their Articles of Partnership. The
Japanese nationals wanted to engage in the business of retail of goods, commodities
and merchandises. What advices would you give them so that their business will be in
accordance with existing laws of the Philippines?
3. In carrying out a business in partnership form, what are the advantages and
disadvantages based on the provisions of law on partnerships and other related laws?
4. How are domestic partnerships managed in accordance with the provisions of the Civil
Code of the Philippines on Partnership?
5. Are joint ventures the same with partnerships? Explain your answer?
6. How are nationalities of domestic partnerships determined in accordance with existing
jurisprudence? Explain.
7. Five Chinese nationals came to your law office for legal advice. The Chinese nationals
intend to engage in the business of lending investor through partnership form. What
would be your legal advice?
8. Are general professional partnerships different with particular partnerships? Explain
9. In a partnership Agreement, the partners failed to agree and state therein who among
them shall be the managing partner. Who among the partners will act as the managing
partner? In case of conflict on how the partnership is actually managed, how shall the
conflict be resolved at the level of the partners?
10. May a husband and his wife enter into a contract of partnership? Explain your answer.
11. In the execution of Articles of Partnership, what are the relevant information that
should be considered and set forth therein so that proper recording of the agreement
with the Securities and Exchange Commission can be secured? Explain.