- the fact that may share sa profit in a business di matic na psartner
- no inference if : 1) receives shares as annuities
a partner dies not terminated at death of partner. At best dissolved n lng then wind up
certain eprsons prohibited sa partnership
--spouses like a and b : bawal lng sa universal partnership unive partnership[ of property univ property of profits
oral partnership—ok
even if may failure to comply with formalities sa 1762?1722?
general partnership---laahat general
limited—at least 1 limtied, 1 general
as to the term
industrial partner cannot engage in business without the express consent of the partnership
only gorund for exclusion
special kinds of aprtners
new partner – if a pernership oblig became due and demandable when this 3rd person is now a partner. Dai a,b,c, lng now may d na. old partnership is dissolved and since may nw partner new partnership n rin. If ung obligation due na ung c d ba liable—yusss!! Liability n lng ung hanash. Depende ung liability kung kalian na incur. D will only be liable if he expressly bound himself dun s obligation na naincur khit di pa cya partner
a person is a debtor of both the partnership and 1 of the partners