Activity #3:

1. Give one (1) example of a contract of partnership where it illustrates the obligation
of the partners. Do not use the first three (3) examples of the obligation of partners
as discussed in this module.
- Equal Profit Sharing, as both parties agreed to have an equal sharing of profit then its
good. Though, most of the

2. Give one (1) example of a contract of partnership where it illustrates the rights of
the partners.
- Right to retire. The retirement from the partnership is a partners right

3. Give one (1) example of a contract of partnership where it illustrates the obligations
of the partnership to the partners.
- To answer for risks in a consequence of its management.