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10-28 XY and Z are partners in the Sports same partnership. The partnership is engaged in tailoring business. Can Y enter/ engage with the same

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10-28 XY and Z are partners in the Sports same partnership. The partnership is engaged in tailoring business. Can Y enter/ engage with the same kind of business? Why or why not? Provide one reason to support your answer. Your answer 5 points A, B, and C formed a partnership to which they contributed a total capital of P30,000. The partnership was orally formed without the contract being put in writing signed by the partners, is the contract of partnership valid? Why or why not? Your answer XY and Z are partners in the Spoints same partnership. The partnership extended credit to A, who has also existing debt to Z Can A pay his liability to Z first, before to the partnership? Why or why not? On what grounds? Provide one to support your answer. Your

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