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b. How shall the payment for P40,000 be applied if Yen, being a friend of Paolo who spent one day with him on Baguio, tells

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b. How shall the payment for P40,000 be applied if Yen, being a friend of Paolo who spent one day with him on Baguio, tells Paolo that the payment should apply to the personal debt of Yen to Paolo? 4pts. c. What if the payment was made instead by Yen to Lj, not being the managing partner of the partnership. How should the collection of Lj be applied? 3pts.

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