Question: 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
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 attach a picture of your answer. Thank you. Also, kindly use the most recent applicable law in the Philippines.

Explain or state briefly the rule or reason for your answer. Quote the Article Number to support your answer. 1. X, partner in a partnership, upon arriving from abroad, demands a formal accounting of partnership affairs. Has X the right to insist on his demand if the other partner Y and Z refuse? 2. Same partnership. The partnership is engaged in the grocery business. a.) Can X also engage in the same business? b.) Give the reason why X may be prohibited from engaging in a business for himself. 3. Same partnership. X is appointed manager in the articles of partnership. May Y and Z who present the controlling interest, revoke the power given to X if the latter insists on executing a contract for the partnership which Y and Z oppose? 4. Same partnership. The liabilities of the partners are as follows: X - Php50, 000; Y- Php30, 000; and Z-Php20, 000. a.) How shall the profits of Php15, 000 be distributed? b.) Suppose W is an industrial partner. What shall be his share? 5. Same partnership. The partners stipulate that Z shall not be liable for losses. Is the stipulation valid
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