Question
A, B and C are general partners with D as limited partner. The total assets of the partnership amount to P200,000. The partnership owes D
A, B and C are general partners with D as limited partner. The total assets of the partnership amount to P200,000. The partnership owes D P50,000 and E, a third party creditor, P250,000. Can D receive his claim of P50,000? Explain and justify.
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Constitutional Law Cases And Materials
Authors: Jonathan Varat, Vikram Amar, Evan Caminker
16th Edition
1647083613, 978-1647083618
