Dissolution in Partnerships
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Questions and Answers

True or false: Judicial dissolution is covered under nos. 1 to 7 of the above-stated article?

False

True or false: Judicial dissolution is covered under no. 8 of the above-stated article in relation to Article 1831 of the New Civil Code?

True

True or false: Dissolution by termination of the definite term or particular undertaking is a form of extrajudicial dissolution?

True

True or false: Partnership with a fixed term exists until the purpose is accomplished?

<p>False</p> Signup and view all the answers

True or false: Partnership at will is based on the mutual desire and consent of the partners?

<p>True</p> Signup and view all the answers

Extrajudicial dissolution is governed by nos. 1 to 7 of the above-stated article.

<p>agreement</p> Signup and view all the answers

Judicial dissolution is governed by no. 8 of the above-stated article in relation to Article 1831 of the New Civil Code.

<p>termination</p> Signup and view all the answers

Partnership with a fixed term exists until the purpose is accomplished.

<p>undertaking</p> Signup and view all the answers

Partnership for a particular undertaking will exist until the purpose is accomplished.

<p>express</p> Signup and view all the answers

Partnership at will is based on the mutual desire and consent of the partners.

<p>good faith</p> Signup and view all the answers

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