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Under the Civil Code of the Philippines, a partnership is treated as juridical person, having a separate legal personality from that of its members. Partnerships may either be general partnerships, where the partners have unlimited liability for the debts and obligation of the partnership, or limited partnerships, where one or more general partners have unlimited liability and the limited partners have liability only up to the amount of their capital contributions. It consists of two or more partners. A partnership with more than P3,000 capital must register with the Securities and Exchange Commission (SEC).
You can check Title IX Art 1767-1783.
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What is the Civil code of the Philippines article 1767-1867?
Partnership is covered by Article 1767-1867 of the Civil Code of the Philippines --http://www.scribd.com/doc/55300616/Partnership
What is a business partnership?
Two people (or more) forming a company on equal terms is a business partnership.2 or more persons bind themselves to contribute money, property, or industry to a common fund, with the intention of dividing the profit among themselves.2 or more persons may also form partnership for the exercise of a profession. (Article 1767 of the Civil Code)where two or more peopole come together to open up a buisness
What is Article 1767 of the civil code of the Philippines?
Art. 572. The usufructuary may personally enjoy the thing in usufruct, lease it to another, or alienate his right of usufruct, even by a gratuitous title; but all the contracts he may enter into as such usufructuary shall terminate upon the expiration of the usufruct, saving leases of rural lands, which shall be considered as subsisting during the agricultural year.
When was George Harrison - civil servant - born?
George Harrison - civil servant - was born in 1767.
When did the townshend act start?
1767
What year was writs of assistance authorized?
1767
What is 850 times 1767?
850 x 1767 = 1501950
What is 1767 plus 7?
The answer is 1774.
What is 1150 plus 1767?
It is: 1767+1150 = 2917
What is 1767 into 28 as a mixed number?
1767/28 = 633/28
What goes evenly into 1767?
1, 3, 19, 31, 57, 93, 589, 1767.
When was Andrew jacksons born?
Andrew Jackson was born on March 15, 1767.
