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Questions and Answers
What types of associations are excluded from the definition of a partnership?
What types of associations are excluded from the definition of a partnership?
Religious associations, conjugal partnerships, and others of a similar nature.
What is the definition of a partnership according to Article 1767?
What is the definition of a partnership according to Article 1767?
By the contract of partnership two or more persons bind themselves to contribute money, property or industry to a common fund, with the intention of dividing the profits among themselves.
What is the basis of a fiduciary relation in a partnership?
What is the basis of a fiduciary relation in a partnership?
The principle of delectus personae, wherein no one can become a partner without the consent of all the partners.
What is the intent of a partnership?
What is the intent of a partnership?
What are the two requirements to comply with the agreement to contribute to a partnership?
What are the two requirements to comply with the agreement to contribute to a partnership?
What is the principle of delectus personae in relation to a partnership?
What is the principle of delectus personae in relation to a partnership?
What are the three types of associations that are excluded from the definition of a partnership?
What are the three types of associations that are excluded from the definition of a partnership?
What is the basis of a partnership contract?
What is the basis of a partnership contract?
What is the purpose of a partnership according to the law?
What is the purpose of a partnership according to the law?
What are the two requirements to comply with the agreement to contribute to a partnership?
What are the two requirements to comply with the agreement to contribute to a partnership?
