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A, B and C are partners. Later C died leaving A and B. Without A's knowledge, B enters into a contract with X whereby the

  1. A, B and C are partners. Later C died leaving A and B. Without A's knowledge, B enters into a contract with X whereby the latter is to deliver merchandise worth P20,000 and the dissolved partnership of A, B and C to pay the same. State whether the contract of B with X is binding to the partnership. Reason.
  2. D offers to buy A's interest of P50,000.00 for P1,000,000.00 in ABC Partnership and A agrees to sell his interest. What is the effect of the purchase? Is the ABC Partnership dissolved?
  3. A, B, and C agreed that the term of their partnership is only until Dec. 31, 2025. A goes to premature resignation (resigns early from partnership). Can A validly resign as a partner? What will be the rights of B and C?

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