Professional Documents
Culture Documents
40-45 Minutes
40-45 Minutes
40-45 Minutes
To be blessed may be a profit for our soul but Atty: so what are required to become a partner
not economic profit referred to by law. in a partnership?
Economic profit not just social or spiritual profit.
Student:
Atty: Because you now realized this is not for
To be qualified as a partner, you need to be at
economic profit, you decided to collect more
the right age, have the capacity wherein I can
capital among yourselves. Now that you have
contribute money for the industry and in sound
more money, you decided to put up a church
mind.
hoping that all the collections every Sunday
would be collected to be placed to a common Atty: How would you know that you are in a
fund. You realized that having masses only on sound mind? This is because?
Sundays , the assets are not fully utilized so you
held masses instead of once a week you held it Student: Partnership is a consensual contract
on Sundays, Wednesdays and Mondays as holy Atty: It is a contract. And in law of the
days of obligations so that all members will be obligations and contracts you learned?
forced otherwise you will commit a mortal sin
hence resulted to profits almost doubled. Now, Student: We learned that a contract is entered
are you now partners? into by two persons where one binds himself to
the other to give, to do or not to do
Student:
Atty: and the elements of a contract are?
Still not, Atty.
Student: Cause, subject matter and consent. So
AE: Why not? consent is?
Student: The intention to engage in a Student: Consent is the willingness to
partnership is not present. The intention to voluntarily enter into a contract
engage in such is the primordial factor to be
considered in order for us to decide if that two Atty: freely given?
persons really consist a partnership. Student: Yes, Atty.
Atty: now, what was missing there? Atty: otherwise in criminal law?
Student: The intention to be bound Student: otherwise it will be intimidation?
Atty: Atty: it’s rape. If it happens against your will.
The intention was there. You agreed…except
that, did you agree to share all the collections?