In the partnership of A, B and C, A was appointed in the Article of Co-partnership as

managing partner. As such manager and acting in good faith: (Phil CPA, 90-2)t!

He may execute all acts of administration despite the opposition of B and C.

He can be removed for valid cause without the vote of the partners owning the
controlling interest.

His power can be revocable at any time even without just cause provided that it is
approved by the partners owning the controlling interest.

His power is revocable even without his consent.

A is the capitalist partner and B the industrial partner. A engaged personally in the
same kind of business the partnership is engaged in: (Phil CPA, 88-2)

If there are profits, the profits will shared by A and the partnership.

A will be excluded from the partnership and pay damages.orrect!

If there are profits, A will give the profits to the partnership.

If there are losses, the partnership will bear the losses.

A capitalist partner engaged for his own account in an operation which is of the
kind of business in which the partnership is engaged. Said partner can be: (Phil
CPA, 87-1)

Compelled to dissolve or discontinue the operation of his business.Correct!

Compelled to bring to the common funds of the partnership any profits accruing to him
from his transactions.

Denied his share in the profits of the partnership.

Compelled to sell his interest in the partnership to the other capitalist partners.