a. After the termination of the specific term or particular undertaking.

(magkakaroon lang right si purchaser after the termination kasi di

naman siya tinuturing na partner.)
b. At any time when the partnership was a partnership at will when the
interest was assigned or the changing order was issued.
* Dissolution by Judicial Decree on Application by a partner (ILIBOG)  based on
an application ng partners. Pupunta sila court.
Effects of Dissolution
 As to authority of the partners to act
 Nawawala na rin authority ng kahit sinong partner to act in the
partnership kasi dissolve na.
Except:
a. Winding up activities – nagbebenta ka na ng non-cash assets
tapos magbabayad na rin si partnership sa mga
pinagkakautangan/outside creditors pati mga advances na ginawa
ng partnership sa mga partners/inside creditors.
b. Any transaction which would bind the partnership if dissolution
had not taken place, provided the other party to the transaction
had no notice thereof. (Yung ka-transaction ng isang partner,
hindi alam na nag-dissolve na. Pwede pa mag-act.)
 As to other partners
a. Act, insolvency or death (AID)
 Liable pa rin and dapat with notice to such partners.
 Not binding to upon the other partners. (Hindi pwedeng maging
liable ang mga co-partners niya sa mga act niya knowing na nag-act
siya eh alam niyang na-dissolve na ang partnership.)
Example: Si A, B ,C & D. Namatay si D so nadissolve. Si A, nag-act pa
rin on behalf of the partnership pero may knowledge na siya ng
dissolution due to death of D. Nag-transact pa rin. Through A’s act,
can B & C as co-partners of A will have liability? Hindi magkakaroon
ng liability si B and C. Kung ang dissolution ay cause of AID, hindi
magiging liable ang co-partners.
 Kapag ang cause ng dissolution ay AID ng isang partner, kada
partner ay liable to his co-partner for his/her share of liability created
by any partner acting for the partnership as if the partnership had
not been dissolved.
Liable pa rin ang kada partner sa kapwa nila partner sa kahit anong liability na
maaaring maidulot dahil sa pagkilos o mga transaction na ginawa ng isa pa
nilang partner na as if walang dissolution…MALIBAN na lang yung acting partner