Please answer each of the questions and please provide legal basis for your answers.

1. X, Y and Z formed a partnership to which they contributed a total capital of Php30,000. The partnership is registered with the Securities and Exchange Commission. Does the partnership have a juridical personality?

2. N donated a condominium unit to X, Y and Z who agreed among themselves to lease it to W and share in the rentals. Are X, Y and Z partners?

3. X, a partner in a partnership, upon arriving abroad, demands a formal accounting of partnership affairs. Has X the right to insist on his demand if the other partners Y and Z refuse?