Question: 3. Problems Explain or state briefly the rule or reason for your answer. a. X, Y, and Z formed a partnership to which they contributed

3. Problems Explain or state briefly the rule or reason for

your answer. a. X, Y, and Z formed a partnership to which

3. Problems Explain or state briefly the rule or reason for your answer. a. X, Y, and Z formed a partnership to which they contributed a total capital of P30,000. The partnership is registered with the Securities and Exchange Commission. Does the partnership have a juridical personality?|

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

Q:

Law on partnership and Private corporations General Provisions Obligations of the Partners U Give the effects where a partnership is unlawful purpose. III. Problems Explain or state briefly the rule...

Q:

Law on partnership and Private corporations General Provisions Obligations of the Partners U Give the effects where a partnership is unlawful purpose. III. Problems Explain or state briefly the rule...

Q:

Law on partnership and Private corporations General Provisions Obligations of the Partners U Give the effects where a partnership is unlawful purpose. III. Problems Explain or state briefly the rule...

Q:

Please answer the attched files thank you ESSENTIAL REQUISITES OF CONTRACTS Object of Contracts 377 III. Problems Explain or state briefly the rule or reason for your answer. S sold to B for P100,000...

Q:

Law on Partnership TIL Problems Explain or state briefly the rule or reason for your answers. 1. X, Y, and Z are partners in a partnership which was dissolved by the withdrawal of X. Y who was...

Q:

Dear tutor, please help me with this one. Please Explain the following. Thank you and God Bless! I will really give a positive rating to those who can help me. Please ty pe your answers here. Do not...

Q:

Dear tutor, please help me with this one. I will really give a positive rating to those who can help me. Thank you! Explain or state briefly the rule or reason for your answer. Quote the Article...

Q:

Dear tutor, please help me with this one. Thank you and God Bless! I will really give a positive rating to those who can help me. Please typ e your answers here. Do not attach a picture of your...

Q:

CHAPTER 2- OBLIGATIONS OF THE PARTNERS SEDTIDN 1- Dhligations of the Partners among Themselves 1'9 1. 2. 3. Definition Define or give the meaning of the following: partnership with a fixed term...

Q:

Dear tutor, please help me with this one. Please Explain the following. Thank you and God Bless! I will really give a positive rating to those who can help me. Please ty pe your answers here. Do not...

Q:

Voice River, Inc., is interested in estimating its WACC now that it is in its rapid-growth stage. Voice River has a $500,000, 10 percent interest, short-term bank loan; a $1.5 million, 12 percent...

Q:

Calculate the adjusted pay ratesfor each benchmark job based on your companys decision to lead in base pay by 3% Administrative Assistant Company # of Job Incumbents Average Base Pay A 4 $37,500 B 4...

Q:

1 4 Points ] SCALCET 9 1 2 . 1 . 0 1 6 . Find an equation of the sphere with center ( 3 , - 4 , 3 ) and rafius 5 . Intersection with x y - plane Irtervaction was are plase intersection with yer plane

Q:

Lopez, Cruz, and Perez are partners and share net income and loss in a 6:4:1 ratio. On December 31, Perez withdraws from the partnership when the equities of the partners are: Lopez, $3,000; Cruz,...

Q:

Stein agrees to pay Choi and Amal $ 10,000 each for a one- third (331/ 3%) interest in the Choi and Amal partnership. Immediately prior to Steins admission, each partner had a $ 30,000 capital...

Q:

John Tonelli was an exceptionally talented young hockey player who, in 1973 at the age of 16, entered into a two-year contract with the Toronto Marlboro Major Junior A hockey club, a team in the...

Q:

Blake and Matthew are partners who agree that Blake will receive a $ 100,000 salary allowance and that any remaining income or loss will be shared equally. If Matthews capital account is credited for...

Q:

Below is an alphabetical list of the adjusted accounts of Dunder Tour Company at its year end, December 31, 2014. All accounts have normal balances. Additional information: 1. In 2015, $3,000 of the...

Q:

Which statement best describes how the separation of duties relates to education and training of end users, managers, and leaders in an organization?

Q:

The quality of the proposed ideas

Q:

The number of new ideas that emerge

Q:

7. Develop a circular model, with positive and negative feedback loops, showing the following critical variables: