(c) If there is also no profit-sharing stipulatedin the contract, then losses shall beborne by the partners in proportion to their capital contributions, but the purelyindustrial partner shall not be liable for the losses.ART. 1798. If the partners have agreed to intrust to a third person the designation of the share of each one in the profits and losses, such designation may be impugned only when it is manifestly inequitable. In no case may a partner who has begun to execute the decision of the third person, or who has not impugned the same within a period of three months from the time he had knowledge thereof, complain of such decision. The designation of losses and profits cannot be intrusted to one of the partners. (1690)oThe designation of the share in the profits and losses may be delegated to a third personby common consent.oThe designation by the third person would generally be bindingunless manifestly inequitable.oPartner who has begun to execute the decision of the third person or who fails to impugnthe same within three months (forestall any paralyzation in the operations of the partnership) from the time he had knowledgeof it can no longer complain.oPartner is guilty of estoppel or is deemed to have given his consent or ratification to the designation.ART. 1799. A stipulation which excludes one or more partners from any share in the profits or losses is void. (1691)oStipulation generally void, but partnership subsists.oThe industrial partner is not liable for losses because he cannot withdraw the work or labor already done by him, unlike the capitalist partners who can withdraw their capital.oThe limitation does not mean that the partners cannot stipulate for unequal sharesin the profits or losses even if their respective contributions are equal, unless the inequality is so gross that it is, in effect, a simulated form or attempt to excludea partnerfrom any share in the profits or losses. ART. 1800. The partner who has been appointed manager in the articles of partnership may execute all acts of administration despite the opposition of his partners, unless he should act in bad faith; and his power is irrevocable without just or lawful cause. The vote of the partnersrepresenting the controlling interest shall be necessary for such revocation of power.A power granted after the partnership has been constituted may be revoked at any time. (1692a)o(1) Appointment as manager in the articles of partnership. execute all acts of administrationnotwithstanding the opposition of the other partners, unless he should act in bad faith.power is revocable only upon just and lawful causeupon the vote of the partners representing the controlling interest.revocation represents a change in the terms of the contract.
no party to a contract can violate the law of the contract without the consent of the othersIn case of mismanagement, the other partners may avail of the usual remedies allowed by law, including an application for dissolution of the partnership by a judicial decree.