- future properties cannot be contributed since contributions need to be determinate things.

- property acquired by inheritance, legacy or donation cannot be included by stipulation except

the fruits thereof, any such

stipulation is void.

- they may be included only by expressstipulation.

As a Juridical Person

- A partnership mayacquire and possess property of all kinds, as well as incur obligations and

bring civil or criminal actions

in conformity with the laws, and regulations of its organization.

Persons Not Partner As To Each Other

1) Partnership is a matter of intention, and where the parties expressly declare they are not

partners, this settles the question as

between themselves.

2) Exception from Article 1769 p1 is the partnership by estoppel. Thus, where a person by their

acts, consent or

representations have mislead third persons or parties into believing that the former are

partners in anon existing partnership,

such persons become subject to liabilities of partners to all who, in good faith, deal with them in

their apparent relations.

(Art. 1825)