True or False

1. Dana and Danilo, and Imelda are partners in the firm DD&I each having contributed 1,000,000, P500,000 and P250,000 respectively to the common fund. The partnership owes Irene P300,000 and has been unable to pay, having exhausted all partnership assets. Irene may sue Dana alone for the whole amount DD&I owes her. Under the facts in the immediately preceding question (No. 1), assuming that Irene included all the partners in her suit to recovers what the partnership owes her, judgement will be rendered against the partners to pay equal amounts.
2. Still under the facts in No. 1, assume that Imelda is an industrial partner. Irene may sue the partnership and all the partners, including Imelda.
3. Upon the dissolution of a universal partnership of all present property, the properties owned by the partners at the time of the formation of the partnership will be divided among themselves.
4. Sandy is designated by the partnership as a managing partner in grocery store chain business. Unknown to the other partners, she bought the building the partnership was previously leasing for one of the store operations. Sandy's action does not bind the partnership.
5. Any partner has, at any time and in all instances, the right and the power dissolve the partnership.
6. Eufemia, with the consent Wilfred, told a lie to Priscilla that she and Wilfred are partners in the restaurant business he is running. Relying on this representation, Priscilla lent Wilfredo P500,000 for the expansion of the business which closed down eventually. Priscilla may sue Eufemia and Wilfred as partners.
7. Reynold, Melissa, Nina, and Virginia are partners in a business that was in danger of closing down for lack of operating capital.Reynold, Melissa, and Nina came to a decision that all should contribute additional amounts to save their business.Virginia refused to contribute, arguing that as an industrial partner she is exempted by law. Virginia's contention is _.
8. Carpio, Morales, Perlas, and Francisco is the name of a firm of lawyers. Francisco died. The remaining partners may continue to use the name of Francisco in the firm name to take advantage of his great reputation as a trial lawyer.
9. Under the facts in the immediately preceding question (No.9), assuming that Veronica entered into a contract for the partnership while still on such a vacation as mentioned above, the contract binds the partnership and her other living partners.
10. Still under the same facts No.9, the properties which Marcos left behind after his death are answerable for all obligations of the partnership incurred before his death.