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Va Canna partnership - Saved ee) 27, X, ¥ and Zongeined a general parmerchip wi W and Xs indneialparmeers and Y a Za capil pares. contibuted PSM and Z contbutedP-2M to the common fund. By s urmizmeus vote of the partucs, W and X were appointed maneging rarwers, without spesifcaten of ther cites md powers. A applied es serretary and applied as secrcary and D applied es accourtant ofthe parteship. Suppose the hiring of was cecided upon by W and Z, but was ‘opposed by X and. whose decision shall prevail? [A] Tho decision of W and Zboceuss Wis the managing pater er the ing ia ex act of emizstration [B) The decision of X and Y tecanse in caze ot te mie decisis of manegingpaier, tat ofthe contin, ‘nfret hal oval {2 Tht of W and Z became Zi also a capita partner. [D] Nove ofthe decison because of th ttomoa’of ol righ 28. A.B and C ace pares in ayartership. A and B conibued P10 600.00 cach while C combed his service. Aer pevmont of he purtoraip ibis to crite, only P6,000.00 remain he abscncs of atpulaton tothe cour, tho starecfC suallbe- [A] Equal to he char of A. 11,000.00 IC} Hgual tothe share of DI Nothing 29. The following are saga to form a universal parte oxcpt ene (A) Brother end sister [B] Hocmand and we {) Those gully of adultey or concubinage ID] Thore guy cfthexame ofene, the partershp is entered ity a consideration of the same 30. A isthe capiist pater and 3 the indotral one. engaged personaly inthe same kind of business os that of parterp (Al here ae loses, the partnership will earth lose. TB) bere are profit, hey wil be shared by andthe parmerhip. {C) fre ae profits A sal gve them tothe purtaechip ID] may be excined from te parmership with damages, 31. and B are capital parnes wile Cia industriel porter. Both A and Beqpally contbute PLS 00000 each othe ‘opt A contract inbiiy in favor ofX wa incu inthe amon of P80 0000 After exhanringparmersip atts there isabalanceecovenble fer Ta] AandF ony BABandc {G)A.B and C andC can gt reimbursement fom A eed [D] A,B and C without amburrement fom A and Bw C's ver 532. A. Band Cate patrersinaparnership intl wih each coniruting P20.00000 cach D is adit asa new partner ‘with a conrbation of 8,000.00. At tho tins of his admission, the pater has ape exiting obligation to Ein tho amount of P80 006.00, [A] Dit notable to fr this obbgetion incued whoa he wat mo et parte. [BID is lable toE wp tohis personal exits which wee ot contd [C]Die Kable up tos expt contnbsaon (DID is ible wp ois capital eoutibuion in favor of cedivcrs Ut with it of eimbusement fom A.B and c 33. CPs ne caitalist peters while TP in chu pater, wbo in ation te his services alo ctsibuted copia to the atvecip. There is no agreement a tothe profits and lore, The prtaéup reaied pron the amourt cf F21,000C. ‘ae share of IP as CP in he profs cal be: [A] Cand P al etemaine IF shares the profit (BID share shal be? 7.00000. {C] Peo raat his conribne capital (DI Jast and equitable under th ccumstaces 54. A and B only entered tt x parterip wit each of then contusing P3,00000 each and sme personal propesex in the enpunt of 1,006.09 each. Ta parcership contacts TA] Unenfoveeelebecanse the amoant valved exreeds 500 60 [B] Void became it isnot in pubbe instrument for vatia [D] Void becaust io nct registred with SEC. 435, Which of he flloning tment isnot comet [A] A parteraip eonbac snot covered bythe ate of ands. [BIA limited pte sal ot be Boe by the obligation of ie presi [C}A tanked partuar wh tas parti the contol of he busines cal b able as a gearal parr. (A stipulation which exis partner fo sharing ithe pits ros is void B I UV # A >

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