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Law on partnership 3. Spouses Andrew and Anastasia engaged in A limited partnership of buying and selling of car/vehicles business. Anastasia disclosed to be a

Law on partnership

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3. Spouses Andrew and Anastasia engaged in A limited partnership of buying and selling of car/vehicles business. Anastasia disclosed to be a limited partner. QUESTION: Was there a valid partnership business under the Philippine partnership law? 4. Upon death of their parents, Shan, Sheila and Monique enjoyed the fruits and income of the 2-story building which was leased previously by their father to Banco de Oro. QUESTION: Do you consider them as partners with respect to the fruits and income, as well as the building? Explain your answer. 5. X Y Z and Sentered into a partnership business for a period of 10 years. On the 7th year, S sold his interest to Mickey. QUESTION: 1) What are the rights of Mickey in the partnership? Explain your answer. 2) What is the effect of the conveyance made by S to Mickey to the partnership? Explain you answer. 3. Spouses Andrew and Anastasia engaged in A limited partnership of buying and selling of car/vehicles business. Anastasia disclosed to be a limited partner. QUESTION: Was there a valid partnership business under the Philippine partnership law? 4. Upon death of their parents, Shan, Sheila and Monique enjoyed the fruits and income of the 2-story building which was leased previously by their father to Banco de Oro. QUESTION: Do you consider them as partners with respect to the fruits and income, as well as the building? Explain your answer. 5. X Y Z and Sentered into a partnership business for a period of 10 years. On the 7th year, S sold his interest to Mickey. QUESTION: 1) What are the rights of Mickey in the partnership? Explain your answer. 2) What is the effect of the conveyance made by S to Mickey to the partnership? Explain you

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