Question: S and G established a partnership by contributing P200,000 each. F, a classmate allowed his name to be included in the firm name of the
S and G established a partnership by contributing P200,000 each. F, a classmate allowed his name to be included in the firm name of the partnership. If the partnership is solvent and there is a profit of P30,000, without any stipulation as regards profit sharing, the participation of the partners on the profit will be A. The court will intervene B. Equally P15,000 each between S and G C. Equally, P10,000 each among S, G and F D.Just and equitable share for F, and the remainder, equally between S and
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