Question
Law on Partnership Corporation Cooperatives (Philippines) 1.) For industrialpartnersandcapitalistpartners,whataretheirrespective restrictionsincasethey plannedtohaveaseparatebusinessoftheirown?Whataretheirpenalties?Discuss. 2.)Regarding theprofitorlossesin thebusiness,give thecompleteruleastohow thepartnerswilldivide theprofit.Andhowwill theindustrial partnersharein theprofitorloss? 3.)Explainthecompleteruleastohowthepartnerswillmaintaintheirpartnershipand financialrecords/documents. Answerthequestion/sbasedonyourownunderstandingofthetopic.AVOIDcopy-pastemethodofanswering. REFERENCE: Partnership
Law on Partnership Corporation Cooperatives (Philippines)
1.) For industrialpartnersandcapitalistpartners,whataretheirrespective restrictionsincasethey
plannedtohaveaseparatebusinessoftheirown?Whataretheirpenalties?Discuss.
2.)Regarding theprofitorlossesin thebusiness,give thecompleteruleastohow thepartnerswilldivide theprofit.Andhowwill theindustrial partnersharein theprofitorloss?
3.)Explainthecompleteruleastohowthepartnerswillmaintaintheirpartnershipand
financialrecords/documents.
Answerthequestion/sbasedonyourownunderstandingofthetopic.AVOIDcopy-pastemethodofanswering.
REFERENCE:
Partnership Reference:
https://kupdf.net/download/law-on-partnership-and-corporation-by-hector-de-leon_59657ceadc0d6075302be310_pdf
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