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  • Study Guide No. 26

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    Benilda Agabin
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    This document contains 11 questions about different aspects of universal and particular partnerships under law. It asks about defining universal partnerships, whether lottery winnings must be given to the partnership, who owns property brought into the partnership, what property passes to the partnership, whether subsequently acquired property usufruct belongs to the partnership, how partnerships are treated if their nature is not specified, who is prohibited from partnerships, when donations are prohibited, how to define particular partnerships, and the fundamental difference between universal and particular partnerships.

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    This document contains 11 questions about different aspects of universal and particular partnerships under law. It asks about defining universal partnerships, whether lottery winnings must be given to the partnership, who owns property brought into the partnership, what property passes to the partnership, whether subsequently acquired property usufruct belongs to the partnership, how partnerships are treated if their nature is not specified, who is prohibited from partnerships, when donations are prohibited, how to define particular partnerships, and the fundamental difference between universal and particular partnerships.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    12 views1 page

    Study Guide No. 26

    Uploaded by

    Benilda Agabin
    This document contains 11 questions about different aspects of universal and particular partnerships under law. It asks about defining universal partnerships, whether lottery winnings must be given to the partnership, who owns property brought into the partnership, what property passes to the partnership, whether subsequently acquired property usufruct belongs to the partnership, how partnerships are treated if their nature is not specified, who is prohibited from partnerships, when donations are prohibited, how to define particular partnerships, and the fundamental difference between universal and particular partnerships.

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    © All Rights Reserved
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    of 1

    1. Define universal partnership of profits?

    2. If a partner in a universal partnership of profits wins the first prize in the lotto
    draw during the existence of the partnership, is the partner required to turn over
    the winnings to the partnership?
    3. To whom shall movable or immovable property which each of the partners may
    possess at the time of the celebration of the contract of universal partnership of
    profits pertain?
    4. If such movable or immovable property shall pertain exclusively to the partner
    who owns it at the time of the celebration of the contract, what then shall pass to
    the partnership?
    5. Will the usufruct of properties subsequently acquired by the partners in a
    universal partnership of profits belong to the partnership?
    6. How shall the partnership be treated in case the articles of partnership fail to
    specify its nature whether it is one of “present property” or of “profits”?
    7. Who are the persons prohibited from entering into a universal partnership?
    8. When are donations considered void and therefore prohibited?
    9. Define particular partnership.
    10. Can husband and wife enter into a particular partnership?
    11. What is the fundamental difference between a universal partnership and a
    particular partnership?

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