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LAW OF PARTNERSHIP AND CORPORATION ( PHILIPPINES) 1.Give the legal consequences of the following in a limited partnership business: 1.a. Jose is a limited partner

LAW OF PARTNERSHIP AND CORPORATION ( PHILIPPINES) 1.Give the legal consequences of the following in a limited partnership business: 1.a. Jose is a limited partner and his name is included in the Firm name. 1.b. Luis is the partner's barkada and his name is included in the firm name. 2. A group of friends has a sufficient capital and seek your advice to put-up a partnership bakery business. But they want that in the business, they should ALL be LIMITED partners. What will be your advice based on the law. REFERENCE: Partnership Reference: https://kupdf.net/download/law-onpartnership-and-corporation-by-hector deleon_59657ceadc0d6075302be310_pdf

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