According to the Civil Code of the Philippines, Article $1767$ defines partnership as: 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 of profits among themselves. Two or more people may also a partnership of the exercise of a profession. What are the tests to determine the existence of Partnership? Explain Each

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There are several tests to determine the existence of a partnership under the Civil Code of the Philippines These tests help in distinguishing a partn... View the full answer