ログイン

Law-Reviewer
55問 • 1年前
  • Shan Chai Mae Amatus
  • 通報

    問題一覧

  • 1

    It is a contract of agency by 2 or more competent persons.

    Partnership

  • 2

    It refers to the engagement in the business.

    Mutual contribution to a common fund

  • 3

    It is the exercise of profession.

    General Professional Partnership

  • 4

    What is the General Rule and the Exception of Partnership?

    General rule: No Contract=No Partnership, Exception: Article 1825

  • 5

    What are the essential elements of Article 1767?

    Valid contract, Two or more persons with legal capacity, Mutual contribution, Lawful object, Purpose

  • 6

    Valid contract consists of the abbreviation COC. What is the meaning of COC?

    Consent, Object, Cause

  • 7

    What does a partner can contribute to the partnership? It can also be the basis of division of the partnership.

    Money, Property, Industry

  • 8

    What is the purpose of partnership according to Article 1767?

    To obtain profit, Make a fashion trend

  • 9

    What is the legal tender of Philippine Peso which is Mercantile or Negotiable?

    Money

  • 10

    It may be real and personal or tangible and intangible.

    Property

  • 11

    It refers to the active cooperation or performance or in simplest term "labor".

    Industry

  • 12

    It is the representation that misleads one to another.

    Estoppel

  • 13

    It is unlawful, never existed and void from the very beginning.

    void ab initio

  • 14

    A partnership is valid when it has?

    Mutual agreement or consent

  • 15

    A natural person is an individual who has the ___________?

    Legal capacity

  • 16

    What are the characteristics of Partnership?

    Consensual, Nominate, Bilateral, Onerous, Commutative, Principal, Preparatory

  • 17

    Substance, not the name, that will prevail. Is this statement correct?

    Yes

  • 18

    It is separate and distinct from that of each partners.

    Juridical personality

  • 19

    On its own name, juridical personality;

    incur obligation, possess/acquire properties, right to sue/be sued

  • 20

    It is the co-enjoyment of undivided property.

    Co-ownership

  • 21

    Under Article 1771, what is the general rule and exception of the form of partnership?

    General rule: No special form, Exception: immovable property or public instrument, statute of frauds

  • 22

    This article is about the partnership with a capital of 3,000 or more.

    Article 1772

  • 23

    Article 1772 must be;

    a public instrument, registered with SEC

  • 24

    This article has equal contribution and immovable property.

    Article 1773

  • 25

    A partner who has separate liability to third parties. He could be a capitalist or an industrial partner.

    General Partners

  • 26

    A special partner, who is not involved in the business' management, has limited liability to third parties based on their capital contribution.

    Limited Partners

  • 27

    A nominal partner, also known as quasi-partner, is someone who is not a party to a partnership agreement but is responsible for the firm's debts.

    Partner by Estoppel

  • 28

    The public considers a partner in a business, whether active or not, and if not, they are liable under the doctrine of estoppel.

    Ostensible Partner

  • 29

    A partner who actively participates in a business without being publicly recognized or known contributes to the partnership's profits and losses.

    Secret Partner

  • 30

    A "dormant partner" is someone who does not actively participate in a business, may retire without notice, and is not liable for the firm's obligations.

    Sleeping Partner

  • 31

    (a) of all partnership or (b) of profits.

    Universal Partnership

  • 32

    Has for its objects determinate things, their use or fruits, or a specific undertaking, or the exercise of a profession.

    Particular Partnership

  • 33

    Liability to the extent of their separate property after the partnership assets have been exhausted. All are general partners.

    General Partnership

  • 34

    Limited property are liable up to the extent of their investment; 1 General Partner and at least 1 Limited Partner.

    Limited Partnership

  • 35

    One where no period is fixed by the parties for its duration, hence may be terminated at will by the partners.

    Partnership at will

  • 36

    It is formed for a specific undertaking, which is dissolved upon its expiration unless continued by the partners.

    Partnership with a fixed term

  • 37

    It has a complete legal standing.

    De jure Partnership

  • 38

    Has failed to comply with the legal requirements resulting to questionable legal standing.

    De facto Partnership

  • 39

    Actually exists among the partners and also as to third persons.

    Ordinary or Real Partnership

  • 40

    In reality, it is not considered a partnership, but rather a relationship only for those who are prohibited from denying or disproving its existence.

    Partnership by Estoppel

  • 41

    Is one whose association with the firm is unknown to the general public.

    Secret Partnership

  • 42

    Existence is made public and enforceable by law.

    Open or notorious Partnership

  • 43

    One formed for the transaction of business.

    Commercial or trading Partnership

  • 44

    It is the restrictions on engagement in other partnership business.

    Article 1789

  • 45

    What is the general rule and the exception under Article 1789?

    General rule: not allowed, Exception: with express permission of partnership

  • 46

    In under what article shall a partner contribute shares unless there's a stipulation in the contrary?

    Article 1790

  • 47

    In this article, industrial partners are exempted, while the capitalist are obliged to sell his interest to the other partners.

    Article 1791

  • 48

    This article refers to the proportional contribution of the partnership where the money is always in the benefit of the partnership.

    Article 1792

  • 49

    A debt must;

    have 2 creditors and 1 debtor, both debts must be demandable

  • 50

    When the debtor becomes insolvent, the partner that receives all the initial payment from the partnership must return their money to the partnership and the money must be equally shared to each partners according to their percentages.

    Article 1793

  • 51

    Under this article, every partner is responsible to the partnership for damages suffered.

    Article 1794

  • 52

    It refers to the actual damage done by a person (e.g. stab, gunshot).

    Damage

  • 53

    It refers to the money that might be used to treat the damage.

    Damages

  • 54

    According to this article, losses and profits shall be distributed in conformity of the agreement.

    Article 1797

  • 55

    What is the general rule for the distribution of profits and losses according to Article 1797?

    Article 1790 where presumption is equal

  • Strategic Cost Management

    Strategic Cost Management

    Shan Chai Mae Amatus · 60問 · 1年前

    Strategic Cost Management

    Strategic Cost Management

    60問 • 1年前
    Shan Chai Mae Amatus

    AIS-Lecture 1

    AIS-Lecture 1

    Shan Chai Mae Amatus · 37問 · 1年前

    AIS-Lecture 1

    AIS-Lecture 1

    37問 • 1年前
    Shan Chai Mae Amatus

    AIS-Lecture 2

    AIS-Lecture 2

    Shan Chai Mae Amatus · 13問 · 1年前

    AIS-Lecture 2

    AIS-Lecture 2

    13問 • 1年前
    Shan Chai Mae Amatus

    AIS-Lecture 3

    AIS-Lecture 3

    Shan Chai Mae Amatus · 15問 · 1年前

    AIS-Lecture 3

    AIS-Lecture 3

    15問 • 1年前
    Shan Chai Mae Amatus

    AIS-Lecture 4

    AIS-Lecture 4

    Shan Chai Mae Amatus · 11問 · 1年前

    AIS-Lecture 4

    AIS-Lecture 4

    11問 • 1年前
    Shan Chai Mae Amatus

    PurComm (Lesson 2)

    PurComm (Lesson 2)

    Shan Chai Mae Amatus · 39問 · 1年前

    PurComm (Lesson 2)

    PurComm (Lesson 2)

    39問 • 1年前
    Shan Chai Mae Amatus

    PurComm (Lesson 3)

    PurComm (Lesson 3)

    Shan Chai Mae Amatus · 16問 · 1年前

    PurComm (Lesson 3)

    PurComm (Lesson 3)

    16問 • 1年前
    Shan Chai Mae Amatus

    PurComm (Lesson 4)

    PurComm (Lesson 4)

    Shan Chai Mae Amatus · 8問 · 1年前

    PurComm (Lesson 4)

    PurComm (Lesson 4)

    8問 • 1年前
    Shan Chai Mae Amatus

    STS (Lesson 1)

    STS (Lesson 1)

    Shan Chai Mae Amatus · 15問 · 1年前

    STS (Lesson 1)

    STS (Lesson 1)

    15問 • 1年前
    Shan Chai Mae Amatus

    STS (Lesson 2)

    STS (Lesson 2)

    Shan Chai Mae Amatus · 26問 · 1年前

    STS (Lesson 2)

    STS (Lesson 2)

    26問 • 1年前
    Shan Chai Mae Amatus

    STS (Lesson 2, Part 2)

    STS (Lesson 2, Part 2)

    Shan Chai Mae Amatus · 24問 · 1年前

    STS (Lesson 2, Part 2)

    STS (Lesson 2, Part 2)

    24問 • 1年前
    Shan Chai Mae Amatus

    STS (Lesson 3)

    STS (Lesson 3)

    Shan Chai Mae Amatus · 14問 · 1年前

    STS (Lesson 3)

    STS (Lesson 3)

    14問 • 1年前
    Shan Chai Mae Amatus

    Excel Accounting Formulas

    Excel Accounting Formulas

    Shan Chai Mae Amatus · 8問 · 1年前

    Excel Accounting Formulas

    Excel Accounting Formulas

    8問 • 1年前
    Shan Chai Mae Amatus

    問題一覧

  • 1

    It is a contract of agency by 2 or more competent persons.

    Partnership

  • 2

    It refers to the engagement in the business.

    Mutual contribution to a common fund

  • 3

    It is the exercise of profession.

    General Professional Partnership

  • 4

    What is the General Rule and the Exception of Partnership?

    General rule: No Contract=No Partnership, Exception: Article 1825

  • 5

    What are the essential elements of Article 1767?

    Valid contract, Two or more persons with legal capacity, Mutual contribution, Lawful object, Purpose

  • 6

    Valid contract consists of the abbreviation COC. What is the meaning of COC?

    Consent, Object, Cause

  • 7

    What does a partner can contribute to the partnership? It can also be the basis of division of the partnership.

    Money, Property, Industry

  • 8

    What is the purpose of partnership according to Article 1767?

    To obtain profit, Make a fashion trend

  • 9

    What is the legal tender of Philippine Peso which is Mercantile or Negotiable?

    Money

  • 10

    It may be real and personal or tangible and intangible.

    Property

  • 11

    It refers to the active cooperation or performance or in simplest term "labor".

    Industry

  • 12

    It is the representation that misleads one to another.

    Estoppel

  • 13

    It is unlawful, never existed and void from the very beginning.

    void ab initio

  • 14

    A partnership is valid when it has?

    Mutual agreement or consent

  • 15

    A natural person is an individual who has the ___________?

    Legal capacity

  • 16

    What are the characteristics of Partnership?

    Consensual, Nominate, Bilateral, Onerous, Commutative, Principal, Preparatory

  • 17

    Substance, not the name, that will prevail. Is this statement correct?

    Yes

  • 18

    It is separate and distinct from that of each partners.

    Juridical personality

  • 19

    On its own name, juridical personality;

    incur obligation, possess/acquire properties, right to sue/be sued

  • 20

    It is the co-enjoyment of undivided property.

    Co-ownership

  • 21

    Under Article 1771, what is the general rule and exception of the form of partnership?

    General rule: No special form, Exception: immovable property or public instrument, statute of frauds

  • 22

    This article is about the partnership with a capital of 3,000 or more.

    Article 1772

  • 23

    Article 1772 must be;

    a public instrument, registered with SEC

  • 24

    This article has equal contribution and immovable property.

    Article 1773

  • 25

    A partner who has separate liability to third parties. He could be a capitalist or an industrial partner.

    General Partners

  • 26

    A special partner, who is not involved in the business' management, has limited liability to third parties based on their capital contribution.

    Limited Partners

  • 27

    A nominal partner, also known as quasi-partner, is someone who is not a party to a partnership agreement but is responsible for the firm's debts.

    Partner by Estoppel

  • 28

    The public considers a partner in a business, whether active or not, and if not, they are liable under the doctrine of estoppel.

    Ostensible Partner

  • 29

    A partner who actively participates in a business without being publicly recognized or known contributes to the partnership's profits and losses.

    Secret Partner

  • 30

    A "dormant partner" is someone who does not actively participate in a business, may retire without notice, and is not liable for the firm's obligations.

    Sleeping Partner

  • 31

    (a) of all partnership or (b) of profits.

    Universal Partnership

  • 32

    Has for its objects determinate things, their use or fruits, or a specific undertaking, or the exercise of a profession.

    Particular Partnership

  • 33

    Liability to the extent of their separate property after the partnership assets have been exhausted. All are general partners.

    General Partnership

  • 34

    Limited property are liable up to the extent of their investment; 1 General Partner and at least 1 Limited Partner.

    Limited Partnership

  • 35

    One where no period is fixed by the parties for its duration, hence may be terminated at will by the partners.

    Partnership at will

  • 36

    It is formed for a specific undertaking, which is dissolved upon its expiration unless continued by the partners.

    Partnership with a fixed term

  • 37

    It has a complete legal standing.

    De jure Partnership

  • 38

    Has failed to comply with the legal requirements resulting to questionable legal standing.

    De facto Partnership

  • 39

    Actually exists among the partners and also as to third persons.

    Ordinary or Real Partnership

  • 40

    In reality, it is not considered a partnership, but rather a relationship only for those who are prohibited from denying or disproving its existence.

    Partnership by Estoppel

  • 41

    Is one whose association with the firm is unknown to the general public.

    Secret Partnership

  • 42

    Existence is made public and enforceable by law.

    Open or notorious Partnership

  • 43

    One formed for the transaction of business.

    Commercial or trading Partnership

  • 44

    It is the restrictions on engagement in other partnership business.

    Article 1789

  • 45

    What is the general rule and the exception under Article 1789?

    General rule: not allowed, Exception: with express permission of partnership

  • 46

    In under what article shall a partner contribute shares unless there's a stipulation in the contrary?

    Article 1790

  • 47

    In this article, industrial partners are exempted, while the capitalist are obliged to sell his interest to the other partners.

    Article 1791

  • 48

    This article refers to the proportional contribution of the partnership where the money is always in the benefit of the partnership.

    Article 1792

  • 49

    A debt must;

    have 2 creditors and 1 debtor, both debts must be demandable

  • 50

    When the debtor becomes insolvent, the partner that receives all the initial payment from the partnership must return their money to the partnership and the money must be equally shared to each partners according to their percentages.

    Article 1793

  • 51

    Under this article, every partner is responsible to the partnership for damages suffered.

    Article 1794

  • 52

    It refers to the actual damage done by a person (e.g. stab, gunshot).

    Damage

  • 53

    It refers to the money that might be used to treat the damage.

    Damages

  • 54

    According to this article, losses and profits shall be distributed in conformity of the agreement.

    Article 1797

  • 55

    What is the general rule for the distribution of profits and losses according to Article 1797?

    Article 1790 where presumption is equal