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2015 - Cadiz - Partnership

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27 views1 page

2015 - Cadiz - Partnership

Uploaded by

Pia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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2015

Partnership
XIII.
A. X and Y are partners in a shop offering portrait painting. Y provided the capital and the
marketing while X was the portrait artist. They accepted the P50,000.00 payment of Kyla to do
her portrait but X passed away without being able to do it. Can Kyla demand that Y deliver the
portrait she had paid for because she was dealing with the business establishment and not with
the artist personally? Why or why not? (3%)
B. In this jurisdiction, is a joint venture (i.e., a group of corporations contributing resources for a
specific project and sharing the profits therefrom) considered a partnership? (3%)

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