1. Define Partnership under the Civil Code

2. What are the characteristic elements of partnership?

3. Confirm or deny whether or not the following may establish partnership:

a. Partnership to be established by two drug pushers;

b. A partnership to be created by Alden Richardson;

c. Danny Padilla shall contribute to the partnership a check to be enchased for 10 million pesos;

d. Baby Bimb and Kuya Josh creating a partnership; and e. After the death of their mother, Jordan and Kobe created a partnership to enjoy and use the mansion left by the former.

4. Josse and Wall-y failed to register their partnership that has a capital of 15,000. According to Bossing Vicky, an avid reader of the Civil Code, since the two comedians did not record their partnership before SEC, no partnership was created. Was Bossing Vicky correct? Why?

5. Anne Buntis and Liza Sobrecary decided to establish a partnership. Anne shall contribute 10 million pesos while Liza shall contribute her island garden worth 15 million somewhere near Davao City. They consummated this endeavor by creating a contract only between them that they have created a partnership. Decide whether or not partnership exist between Anne Buntis and Liza Sobrecary.