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Michaelangelo, Leonardo, Donatello and Raphael are martial arts experts.

They decided to form the


Modern Ninja Center, a martial arts school. Michaelangelo, Leonardo and Donatello are the capitalist
partners contributed P100,000.00 each t the partnership fund. Then, Raphael was designated Managing
Partner, to manage the day-to-day affairs of the Center. Their respective shares and designations were
stated in the Articles of Partnership.

 Two years after the establishment of the Center, the three capitalist partners were not happy
with Raphael’s management. They come to you for advice on how to remove Rapahel as
Managing Partner.
 Assuming Raphael was successfully removed as Managing Partner, Michaelangelo, Leonardo and
Donatello all decided that they act as Managing Partners of the Center. What are the rules in the
management of the Center in this case?

Jacob Black is the Managing Partner of Quileute Foods Co., a domestic partnership engaged in
restaurant supply and catering business. Edward is the sole owner of The Cullen’s Place. Edward
contracted Quileute Foods Co. to furnish the foods and drinks for an event at The Cullen’s Place.
However, Edward failed to pay the cost, amounting to P55,000.00. Jacob sued Edward for sum of
money.

 Does Jacob Black have the personality to sue Edward Cullen?


 In case Edward proposes a settlement, does Jacob have the sole power to compromise the case?
Alvin, Simon and Theodore formed a partnership in 2005. They put up a pet shop called the Metro Pet
Society. The partnership was to exist for ten (10) years. Unknown to the partners, Theodore incurred in
2007 a P1,000,000.00 loan from Dave, a business. When Theodore defaulted, Dave sued him. As
compromise, in 2008, Theodore sold to Dave his interest in the partnership.

 Does Theodore cease to be a partner by selling his interest in the partnership to Dave?
 What are the rights of Dave as the purchaser of Theodore’s interest in the partnership?

XYZ Company is a partnership composed of X and Y as capitalist partners, and Z as industrial partner. The
partnership is engaged in the buy and sell of meat products. During the life of the firm, it had unpaid
obligations to Monterey in the amount of P200,000.00.

 Should Z be personally liable, together with X and Y, for obligation to Monterey?


 What is the legality of a stipulation between the partners exempting Z from both losses and
liability?

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