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A, B, and C formed a 5 points partnership to which they contributed a total capital of P30,000. The partners agreed on the sharing of profits but not of losses. Is there a valid partnership? Why or why not? Your answer A, B, and C formed a 5 points partnership to which they contributed a total capital of P30,000. The partnership is not registered with the Securities and Exchange Commission. Does the partnership have a juridical personality? Why or why not? Your answer X.Y, and Z are partners in the 5 points same partnership. The partnership is engaged in tailoring business. Give and discuss the reason why X may be prohibited from engaging in a business for himself. Provide one reason. Your