This is related to Business Law and Regulation subject.

JUST ANSWER AND EXPLAIN EACH!

1. X, 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?

2. X, Y and Z are partners in a partnership which owns a parcel of land. May X transfer his right as a partner to said property to Y?

3. X, Y and Z are partners engaged in the repair of computers business. It was stipulated that the liability of X shall not exceed his capital contribution. After partnership assets have been exhausted, the partnership has an unpaid balance of Php20,000 in favor of W. Settle the rights of the parties.