Question
1. X, Y, and Z formed a partnership to which they contributed a total capital of P30, 000. The partnership is not registered with the
1. X, Y, and Z formed a partnership to which they contributed a total capital of P30, 000. The partnership is not registered with the SEC. Does the partnership have a juridical personality?
2. Same partnership. The partners agreed on sharing of profits but not of losses. Is there a valid partnership?
3. Same partnership. Among the purposes of partnership is the promotion of social and religious ends. Will this prevent the creation of a valid partnership in view of Article 1767?
4. Same partnership. The partnership was orally formed without the contract being out in writing signed by the partners. Is the contract of partnership valid?
5. N donated a condominium unit to X, Y, and Z who agreed among themselves to lease it to W and share it in the rentals. Are X, Y, and Z partners?
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