PATOK Enterprises, a partnership engaged in the business of renting out video

films, is owned by Patricia, Alice, Tina, Olga, and Kaye, with Olga and Kaye as the
managers. Diana owes PATOK Enterprises P6,000.00 and Olga, P4,000.00. Both
debts are unsecured and are already due. Diana pays Olga P4,000.00 for which Olga
issues her own receipt.

The payment should be applied to Olga's credit only.orrect!

The payment should be divided proportionately between PATOK and Olga,

at P2,400.00 and P1,600.00, respectively.

The payment should be divided equally between PATOK and Olga at P2,000.00 each.

The payment should be applied to PATOK's credit only.

As a general rule, a partner cannot ask for a formal accounting of the affairs of the
partnership during its existence and before it is dissolved, except:

When he is wrongfully excluded from the partnership business

All of the above

When the right exists under the terms of any agreement

Whenever other circumstances render it just and reasonable