Set A

1. What is a partnership contract?

2. Enumerate and define the characteristics of partnership contract.

3. What are the essential elements of Partnership?

4. What are the test in determining the existence of partnership?

5. What are the classification of partnership?

6. Enumerate and define different kinds of partner.

Set B

1. What is the obligation of a partner who is bound to deliver a specific property?

2. What are the three important duties of a partner contributing specific thing?

3. What is the obligation of a partner who is bound to contribute money to the capital of the partnership?

4. What is the obligation of the the partner who misappropriated the partnership money?

5. When is the partner not obliged to give additional contribution to the the partnership?

6. How are profit and losses distributed?

7. What are the property rights of a partner?