Question
Written 1.When may a dissolution of a partnership will happen? 2.Is there such a technical dissolution of partnership? If it really exists in partnership laws,
Written
1.When may a dissolution of a partnership will happen?
2.Is there such a technical dissolution of partnership? If it really exists in partnership laws, what is technical dissolution?
3.Distinguish technical dissolution with actual dissolution of partnership?
4.Distinguish voluntary dissolution of partnership with involuntary dissolution of partnership?
5.How does dissolution concept in Philippine Corporate laws which was subject of your study in previous modules differ with dissolution concept in Partnership law now subject of this module?
Essay:
1.Differentiate the following terms: (a) Dissolution; (b) Winding-up and (c) Termination.
2.When a partnership is actually dissolved, is the partnership still allowed to continue its business operations?
3.Is the technical dissolution of a partnership need to be recorded before the Securities and Exchange Commission like actual dissolution of a partnership?
4.Can a creditor of a partnership file involuntary dissolution of a partnership before a court of competent jurisdiction?
5.If the partners cannot agree among themselves in liquidating the assets and liabilities of the dissolved partnership, who should be the liquidator of the dissolved partnership?
6.If the partners cannot agree who should be the liquidator of the dissolved partnership, who should designate the liquidator?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started