____22.In which of the following cases is there a prima facieevidence that one is a partner in a business?a.His receipt of a share of the net profits of a business.b.His receipt of a share of the profits realized from the use of a property that he co-owns with another.c.His receipt of share of the profits realized from the use of a property that he co-possesses with another.d.His receipt of a share in the gross returns derived from a property where he has a joint or common interest with another.
____23.Canuto, Ambrosio, Romualdo and Egmidio are partners in CARE Company, whose business is trading of herbal products. Canuto contributed P60,000.00, Ambrosio, P30,000.00, Romualdo, P20,000.00, and Egmidio, P10,000.00. The partners failed to agree on who shall manage the partnership.
____24.Which of the following partnership agreement is required to be a public instrument and an inventory of the property contributed must be made, signed by the parties and attached to the public instrument?
____25.A partnership is:
____26.Refers to the preceding number. Suppose Jessica and Sienna are sisters and they decide to put up a general partnership, who between the two of them may be the general partner?a.Neither Jessica nor Sienna, they being sisters; hence they cannot put up a general partnership.