Does a partner have the right to manage the partnership

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Reference no: EM133209274

Question - Case Study - A. Read the case of Marjorie Tocao and William Ty vs. Court of Appeals and Nenita T. Anay G.R. No. 127405 October 4, 2000

Note: You read the original case in the website lawphil.net

Enter the specific date and GR No. in the search engine.

B. Answer the following questions.

1. How was the partnership formed?

2. Was the concept of delectus personarum discussed in the case? How as it discussed?

3. Did the court impose damages? If so to whom?

Codal Questions -

1. Is sharing of profits evidence of partnership? Why or why not. Explain.

2. Does a partner have the right to manage the partnership? Explain.

3. What is the extent of the capital contribution of a partner to the partnership? Explain.

4. Explain the obligation of a managing partner who collects the share of partnership credit.

5. Who bears the risk of loss for things contributed to the partnership? Is the rule the same for all things contributed? Explain.

Reference no: EM133209274

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