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(a) Can X also engage in the samebusiness?(b) Give the reason why X may beprohibited from engaging in businessfor himselfYes, X can also engage in the same business ifhe is with the partnership.Article 1789: X may be prohibited from engagingin the business for himself when he is anindustrial partner unless the partnershipexpressly permits him to do so.3. Same partnership. X is appointed managerin the articles of partnership. May Y and Zwho represent the controlling interest,revoke the power given to X if the latterinsists on executing a contract for thepartnership which Y and Z oppose?4. Same partnership. The liabilities of thepartnership as follows:X – P50,000 Y – P30,000Z – P20,000(a)How shall the profits of P15,000 bedistributed?(b)Suppose W is an industrial partner.What shall be his share?The partners share the profits according to theiragreement without violating Article 1799.
Absent to such agreement, share shall beproportioned to their capital contribution.The share of W shall be satisfied first before thecapitalist partners divide the profits.5. Same partnership. The partners stipulatethat Z shall not be liable for losses. Is thestipulation valid?1. What are the property rights of a partner ina partnership?(1) His rights in specific partnershipproperty(2)His interest in the partnership(3) His right to participate in themanagement2. What rights are not acquired by anassignee or transferee of a partner whoconveys all his interest in a partnership?1. Rights withheld from assigneeTo interfere with the managementTo require any information or accountTo inspect any of the partnership books2. Status and rights of assignor in partnershipunaffected