Partnership Reviewer De Leon May 2026

This is a request for a — specifically the Partnership portion, which is often the first half of the book (the second half covers Corporation law).

– process of settling partnership affairs (selling assets, paying creditors, distributing remainder). partnership reviewer de leon

Under Art. 1797, if only profit sharing is fixed by agreement, loss sharing is the same. If no agreement at all, share equally. Since no agreement here – equal division: P100,000 each. C (industrial) gets equal share despite no capital. This is a request for a — specifically

Can a partner sell his interest to a stranger without consent of others? distributing remainder). Under Art. 1797