A obligations of the partnership existing at the time

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a. Obligations of the partnership existing at the time of hisadmission only if there was a stipulationb.Obligations of the partnership incurred after his admission only ifthere was a stipulationc. Obligations of the partnership incurred before and after hisadmission even if there was no stipulation
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Chapter 9 / Exercise 31
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d.Obligations of the partnership incurred before hisadmission if there was a stipulation, and those incurredafter his admission even if there was no stipulation7. LIFE Company, a partnership engaged in the water distributionbusiness, is composed of partners Larredo, Ingles, Filler and Escanto.One day, Larredo was driving the firm’s delivery truck beyond thespeed limit in order to serve its customers, when he rammed into andcaused extensive damage on the parked car of Tertullo.8. Which of the following statements concerning the name of a
partnership is false?
9.PATOK enterprises, a partnership engaged in the business of rentingout video films is owned by Patricia, Alice, Tina, Olga, and Kaye, withKaye as the manager. Diana owes PATOK enterprises P6,000.00 andOlga P4,000.00. Both debts are unsecured and are already due. Dianapays Olga P4,000.00 for which Olga issues her own receipt.
10.Which of the following will not cause the automatic dissolution ofgeneral partnership?a.Death of a capitalist partnerb.Insolvency of a capitalist partnerc.Insanity of an industrial partnerd.Civil interdiction of an industrial partner

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Term
Summer
Professor
Ian Somerhalder
Tags
partner
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Discrete Mathematics With Applications
The document you are viewing contains questions related to this textbook.
Chapter 9 / Exercise 31
Discrete Mathematics With Applications
Epp
Expert Verified

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