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7. Distinguish as to its liability, a general partner from that of a limited partner.

 From the articles of the general provisions a general partner is unlimited to


liabilities which mean that after the dissolution of the partnership, his personal
assets can be compromise if there are losses. On the other hand, a limited
partner is limited to liabilities, so his personal properties are safe and he is not
liable for any losses.
8. P, partner by himself alone, agrees with T to sell unused office equipment of the
partnership. Can T validly enforce the agreement against the partnership? Explain.
 Yes, because according to Article 1818 every partner can execute any form of
business in the name of partnership basta may authorized by all partners.
9. What is the significance of the winding up of partnership affairs from the partnership
creditors’ point of view?
 In Article 1829, it states that on dissolution the partnership is not terminated, but
continues until the winding up of partnership affairs is completed. Therefore, the
partnership creditor is protected by law and can demand the money the
partnership owe him even though the partnership is already on the verge of
bankruptcy. This is the significance of winding up to the creditors.

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