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    Dissolution Article 1828. Article 1829 Article 1830. Causes of Dissolution Article 1833

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    angelo doceo
    The document discusses dissolution of partnerships under Philippine law. It outlines four causes of dissolution: 1) without violating the partnership agreement, 2) in contravention of the agreement, 3) by operation of law, and 4) by court decree. It also describes how a partner's authority terminates upon dissolution, limiting it to acts related to winding up or completing unfinished transactions.

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    Dissolution Article 1828. Article 1829 Article 1830. Causes of Dissolution Article 1833

    Uploaded by

    angelo doceo
    40 views1 page
    The document discusses dissolution of partnerships under Philippine law. It outlines four causes of dissolution: 1) without violating the partnership agreement, 2) in contravention of the agreement, 3) by operation of law, and 4) by court decree. It also describes how a partner's authority terminates upon dissolution, limiting it to acts related to winding up or completing unfinished transactions.

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    Dissolution

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    The document discusses dissolution of partnerships under Philippine law. It outlines four causes of dissolution: 1) without violating the partnership agreement, 2) in contravention of the agreement, 3) by operation of law, and 4) by court decree. It also describes how a partner's authority terminates upon dissolution, limiting it to acts related to winding up or completing unfinished transactions.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    40 views1 page

    Dissolution Article 1828. Article 1829 Article 1830. Causes of Dissolution Article 1833

    Uploaded by

    angelo doceo
    The document discusses dissolution of partnerships under Philippine law. It outlines four causes of dissolution: 1) without violating the partnership agreement, 2) in contravention of the agreement, 3) by operation of law, and 4) by court decree. It also describes how a partner's authority terminates upon dissolution, limiting it to acts related to winding up or completing unfinished transactions.

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    © All Rights Reserved
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    of 1

    DISSOLUTION 3.

    Qualifications to the rule:


    a. Article 1833 – as to partners
    Article 1828. b. Article 1834 – as to third persons
    Article 1829
    Article 1830. Causes of dissolution Article 1833.
    1. Without violation of the partnership agreement 1. Act, insolvency, or death of a partner
    a. By the termination of the definite term terminates authority of the other partner, if:
    or particular undertaking specified in a. Act – with knowledge
    the agreement b. Insolvency or Death – with
    b. By the express will of any partner, knowledge OR notice
    who must act in good faith, where no 2. A person has knowledge of a fact when not
    definite term or particular undertaking only he has actual knowledge thereof, but also
    is specified when he has knowledge of such other facts as
    c. By the express will of all the partners in the circumstances show bad faith.
    who have not assigned their interests 3. A person who has notice of a fact when he
    or suffered them to be charged, before claims the benefit of the notice:
    or after the termination of the specified a. States the fact to such person, OR
    term or particular undertaking b. Delivers through mail or by other
    d. By the expulsion of a partner bona means of communication, a written
    fide in accordance with such a power statement of the fact to such person or
    conferred by the agreement between to a proper person at his place or
    the partners residence.
    2. In contravention of the partnership agreement
    a. When the circumstances do not allow
    a dissolution under any provisions of
    this article, by the express will of any
    partner at any time
    3. By operation of law
    a. By any event which makes it unlawful
    for the business to be carried on or for
    the partners to carry it on in
    partnership
    b. By loss of a specific thing
    c. By the death of any partner
    d. By the insolvency of any partner or of
    a partnership
    e. By the civil interdiction of a partner
    f. By decree of court under Article 1813
    4. By court decree
    a. Insanity
    b. Incapacity
    c. Guilty of conduct prejudicial to
    partnership business
    d. Willful or persistent breach of
    partnership agreement

    Article 1832. Termination of a partner’s authority


    1. Upon dissolution, partnership ceases to be a
    going concern and the partner’s power of
    representation is confined only to:
    a. Acts incident to winding up
    b. Acts incident to completing
    transactions begun but not then
    finished
    2. Thus dissolution terminates the actual
    authority of a partner to undertake new
    business for the partnership.

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