Scribd Logo
Upload

Welcome to Scribd!

  • 60 views

    Partnership Daily Quiz-Obligations of Partner

    Uploaded by

    Don Dupio
    The document is a 10 question true/false quiz about obligations of partners. It tests knowledge on topics like whether partners are entitled to compensation other than profits, if unanimous consent is needed for altering immovable property, and if sub-partners acquire the rights and liabilities of partners. The quiz instructions allocate 10 seconds to answer each question and notifies that answers will follow the questions.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Partnership Daily Quiz-Obligations of Partner

    Uploaded by

    Don Dupio
    60 views15 pages
    The document is a 10 question true/false quiz about obligations of partners. It tests knowledge on topics like whether partners are entitled to compensation other than profits, if unanimous consent is needed for altering immovable property, and if sub-partners acquire the rights and liabilities of partners. The quiz instructions allocate 10 seconds to answer each question and notifies that answers will follow the questions.

    Original Description:

    Daily Quiz for Obligations of Partners, Civil Code of the Philippines

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document is a 10 question true/false quiz about obligations of partners. It tests knowledge on topics like whether partners are entitled to compensation other than profits, if unanimous consent is needed for altering immovable property, and if sub-partners acquire the rights and liabilities of partners. The quiz instructions allocate 10 seconds to answer each question and notifies that answers will follow the questions.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    60 views15 pages

    Partnership Daily Quiz-Obligations of Partner

    Uploaded by

    Don Dupio
    The document is a 10 question true/false quiz about obligations of partners. It tests knowledge on topics like whether partners are entitled to compensation other than profits, if unanimous consent is needed for altering immovable property, and if sub-partners acquire the rights and liabilities of partners. The quiz instructions allocate 10 seconds to answer each question and notifies that answers will follow the questions.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 15

    Quiz on Obligations on

    Partners
    Instructions: True or False. Read the
    questions carefully. 10 seconds is
    allocated to answer each number.

    1/14/16

    1
    2
    3
    STAR
    T

    1. As a rule, the partner


    is
    entitled
    to
    compensation
    for
    his
    services other than his
    share of the profits.

    2. In cases of imminent
    danger
    of
    grave
    or
    irreparable
    injury,
    a
    managing partner cannot
    proceed
    alone
    without
    consent of others.

    3. A unanimous consent
    required for alteration
    immovable property.

    is
    of

    4. A sub-partner acquires
    the rights of a partner
    and is also liable for its
    debts.

    5. A Partners right to
    inspection of partnership
    books are absolute.

    6. Duties of a partner
    ends after the dissolution
    of partnership.

    7. If a capitalist partner
    seeks
    to
    do
    other
    businesses it must be one
    that is not connected to or
    competing
    with
    the
    partnership.

    8. During the existence of


    the partnership, a partner
    is entitled to a formal
    account
    of
    partnership
    affairs.

    9.
    The consent of all
    managing partners are also
    necessary
    in
    routine
    transactions.

    10.
    Sub-partnership
    agreements
    affects
    the
    composition, existence or
    operation of the firm.

    End of quiz
    Answers to follow

    Answers
    F
    2. F
    3. F
    4. F
    5. F
    6. F
    7. T
    8. F
    9. F
    10. F
    1.

    You might also like