Question
X,Y,Z are partners engaged in the laundry business. Each contributed P10,000. It was stipulated that the liability of X shall not exceed the contribution. After
X,Y,Z are partners engaged in the laundry business. Each contributed P10,000. It was stipulated that the liability of X shall not exceed the contribution. After partnership assets have been exhausted, the partnership has an unpaid balance of P9,000 in favor of creditor W. How much can W recover from the partners?
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
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