A. On Christmas 2006, childhood friends, W, X, Y and Z agreed to form an overseas employment recruitment firm- a particular partnership. On May 10, 2007, they signed and registered their Partnership Agreement where W, X, and Y would contribute P250,000 each while Z would be industrial partner and managing partner. They called the firm Papi Excel. For almost two years, the firm had not operated of lack of funds as Y failed to contribute his share. On May 1 2009, however, the firm booted out Julio and substituted him A, Z's husband who was gave P250,000 as contribution.

Questions:

a.When did the partnership commence?

b.What kind of partners W, X, Y, and Z?

B. Optimus, Ratchett, Bumblebee and Jazz are the screen names of four freelance magicians. Many times, they performed together in parties and events. A person or organization interested to get them need only to contact one of them and they could be engaged. What actually happens is that the magician thus contacted will contact the rest and secured them from Transform Magic Tricks. The specialty store was told by Optimus that, together with the others, they were partners. On one event in World Trade Center in Pasay City, the manage of TRANSFORM Magic and Tricks remarked to Ratchett, Bumblebee and Jazz that their partnership was really lucrative to which the magician just smiled. After ten shows, TRANSFORM Magic and Tricks billed the four magicians P250,000 for used props and materials. The four magicians, however refused to pay, saying that they never formed a partnership. Because of this, TRANSFORM Magic and Tricks sued them.

1.Was there a partnership between Optimus, Ratchett, Bumblebee and Jazz? If Yes what kind of partnership and explain