0% found this document useful (0 votes)
111 views13 pagesPARCOR
Uploaded by
Krisha FernandezCopyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
0% found this document useful (0 votes)
111 views13 pagesPARCOR
Uploaded by
Krisha FernandezCopyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
Part
PARTNERSHIP
(Arts. 1767-1867, Civit Cade)
Chapter 1
GENERAL PROVISIONS
ARTICLE 1767. By th contact of pane
{wo or more person bind theses conous
‘money. property. or ngusty Yo 3 common und,
Sih tentang te ts omen
“wo or more persons may ale form partnership
forthe exretse of proension (1653)
Concept of partnership
‘The above are gives the leg ein of partnesip
(onen salle so parses rm the wei of 2 sna
There are however ee efintons Ths
(0) "A patnenip + an sexi of 98 2) ar mace
rena nciny on acorns abst et (Ure
Parmenstip At See 6)
(2) “A pctnerhip ie lain ase upon theespesd
cor Implied ogmement 0 (2) cr tore epee Ferns
hey ty une the pry er yin
Ui'some laf busines se pple forthe jt ptt
{Mc rent th ano Parnes 929) 1)
@) “A pare it dering hare inthe prt
anditea! Fnsman CSS N26 16m Rep. 98)
ea
eo tet e ee more pes whey ey aes
sriuecen nee mearenere
Stremiemiietdast amar
maser
a ee
wh era mcm en
some ne eee
2
ee
sree apes rt pupae of which ft
seers erent cna
eben tirade
sore
Nite Arafoem of basins cranzaton, « partrsip als
'enween wo) eemes of egizatonal form — te ge
prpritniin a heer
Parmership forthe eerie
‘saprteesion
A pfs I cling in he preparation for or pace
which academic leming equi and which has for ime
purpose the rendering of pubic series It may aloo eat ©
Fhe whole bay of persons or rap of pean engaged 2
‘alg, Thus ha been dered rp of en fring
‘Rama arta common cling inthe pi of pub series
oles a pale sence Decne ay ident be es
tethood hn the mater ofthe Peon for Ao
‘ntique use fim ame "Onset Rema ek" 92 SCRA
aragaph 2 alates to general rin! prnesip oF
urnertp forthe exercise protean Sey ops,
{he practice of profeoson snot busese ameter
‘Po Howovet he aw allows het pus rea by {ormor pena garners Ge At: 178) Th deel
‘how individual fo proces se opeenis
icnan sexpert
‘Herein shat pon gute oy Soe
erase ge dpe fe nck pan Ce Snel
sya
(Characteristic lemons of partnership.
The contrac of pases
(0) Consens, because it ie prec by mere consent, at
's upon the expres or imp! aime of tro Gos meg
pers
(2) Nominate, because thar pc name or designation in
(3) ister, becaas tis enteed ie by to @) or more
‘evo and the rights and elgasone tog throm ok
Shaye meproct
(4) Oneous because each ofthe partes spies to procure for
insets benefit tough te pving el someting:
(8) Commute, tece the undertaking of ech of she|
‘Parris onsiered asthe equivalent of hat ofthe ethers
(©) Print, because doe nat depend frits estes
‘ality upon some other onractan
(7) Prorat, because i ented it a8 2 mesos 0
1 engage i busines forthe ela prs th
The view feng therm rong the contacting pats
A‘ ate in este, cone age
(oe are isis)
Parmarsip relation fdelay in ature.
Paroership i a form of volar association entered nt]
by the mene It ea pesnal elton which te semen
ot . 0 a file
heparin
nes thers provided
iceren one cat Dogme» member ot
the putaeeshp weston without the consent fal heehee
‘sae. The fluor’ nature he partners elton at
‘he baby of each parmer forthe act ofthe ther within the
scope of the partnership business (Art S18) equ tha ech
[eson he gente the ight hee th chor he wil be ae
Scted ithe i,
(2) Paver ta dacs purines. — Nother would the pr
nc of» poi fo pie ran nett oa
Perper an re he hen
Ty permerp by anc or mill partner ace 02))
Kenan parines mutal agency arses andthe docine de
ictus pons atoms her have the pe, ltuph nlm
tScely neg tn sect partnership nyo of
theparner may atin lune da dose be
Pcucsp ail Heme howency ng ath Trea
dane ath cane! pent sh dit oft pe
resp but hat iean ess 2 aby for damages (Ong
‘Cour of Appeals 348 SCRA #29 (9S Toe te Court
pps 0 SCRA sn)
Essential features of parnerhip
ow a dhe five (5) senile of partnership
Saar rst and confine
(2) igh che copies, — Unless ctherwive provided
to the partnership ageeorent no oe ca bogie 9 member of
the patetship noncaton woot the cance ofall he cer
astatn The fiducay nae ofthe partnership relation and
the habit a each puter for the ats he others within the
‘ops of the portnehip Buses (Art 1918) ue tht each
orn he grt the ight sce ith eo he wl be a
Sate i the em
(2) Pert stave prtnrsop. — Netter would the pre
cence of 3 etn ori pce duration he statement of 9
Pcular purpese for ts creaion prevent the dssolution of
Sry porter by an actor wil of 3 pins ace Are SSO
‘meng prnery mal agency arte a the doceine of
leat pron allan thet have te pave, laugh no! ne.
sari the right tr dsl she partnership. Vinh any ooo
{he panera at hve lense dialed ofthe
Partwrshp atl He most owevee ein god thy The at
nance ad tah cant preven te dao of th part
ership bat that ean malt» Iai for damages (ORES
‘5 Court of Appeal, 248 SCRA 2) [195] Tocn Couto
‘opens 42 Se [500 )
sont features of partnership.
olw ake the Be (5) sect fetus ofa partnership
(1) There mtb a vad contact
renwal md
A{2,H pares must have kat capa oe it th
18) There must be amit
on yet ma cbt fn sp
4) The object et he at and
{81 The purpose or pena purse mast io bain
fits andi vad th swarm pron
"ena equim tat the ae of oriesp mast nate
Leptseret among he meres tere eect sh
oven al perl anc overly po
‘tthe Cit Cade wating tscvawnentip wt 8S
Existence ofa vat contact.
(1) form of sty nd ra rc — Paces
imam cen ed ny ese
{eiss personal iainin hich sent hs osm
a Roane cn tc nar oe peti con
‘ue sofa ae ses
12) craton aa prof exec, may be omy
vd and ence pred by the cdot oF
_
(0) 1 i cma,
merc to ambos te so
the tata in coe Ne
acre Cosy ahh ema HS
Bieompeet pies 3 Sree Seig cen gre ses
cp Ctr dy Cas)
(a) Persons eho are sing fom
