d.A partner’s separate creditors may attach a partner’s share in thepartnership assets.27. The change in the relation of the partners caused by any ceasing to beassociated in the carrying on the business is known as:28. a decree by the court is necessary dissolve a general partnership based
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Company which is engaged in the buying and selling of rice. Benito isthe manager. Ignacio was also given a special power of attorney by thepartnership to buy a van for the company. No other power was given toall the partners. In which of the following acts or contracts is thepartnership not bound by the act of the partner?a.Ignacio buying rice for the partnership from Teodoro who has noknowledge of Ignacio’s lack of authority.b.Ignacio buying a van for the partnership from Teresa.c.A partner has been guilty of such conduct as tends to affectprejudicially the carrying on of the business.d.A partner is civilly interdicted.
c.Gregorio buying a van for the partnership from Thelma whohas no knowledge of Gregorio’s lack of authority.d.Benito selling rice for the partnership.25. Assuming that no fraud is committed by or consented to by the partner
concerned, which of the following statement is false?
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c.Knowledge of a partner acting on a particular matter obtained byhim before he became a partner is knowledge of the partnershipprovided, he still remembers the same.d.Knowledge of partner not acting on the particular matterobtained by him before he became a partner is knowledge ofthe partnership.26.Which of the following statements is incorrect?
a.Partnership creditors are preferred as to partnership assets.b.Partnership creditors are preferred as to each partner’sseparate assets.c.A partner’s separate creditors are preferred as to the partner’s
24.Benito, Ignacio, Gregorio, Artemio and Servando are partners in BIGASon the three of the following grounds. Which one will not require suchdecree but will cause the automatic dissolution of the partnership?
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