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Sixto, Jose and Benjamin are partners in SJB & Co. which is engaged in the hardware business. One of its customers, Andres, is indebted to
Sixto, Jose and Benjamin are partners in SJB & Co. which is engaged in the hardware business. One of its customers, Andres, is indebted to SJB & Co. in the amount of P300,000.00. One day, Andres came to the office of SJB & Co. to pay P100,000.00 as a partial settlement of his debt. Since only Benjamin was present in the office, he received the amount from Andres. The following day, Benjamin asked Sixto and Jose if they are amenable to consider the payment as his share in that particular partnership credit (indebtedness of Andres). Sixto and Benjamin agreed. After two weeks, when SJB & Co. was collecting the remaining P200,000.00, Andres was already insolvent. Sixto insiststed that Bejamin must return the entire amount to the partnership so that he and Jose can share the same at P50,000.00 each. Jose, on the other hand, said that Benjamin should return the P100,000.00 so that the three partners will be able to share at 1/3 each. However, Benjamin argued that he is obliged only to return the interest of the P100,000.00 since he was more diligent than Sixto and Jose. Who among them is correct? O Jose O Sixto O Benjamin O None of them is correct
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