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Page 1: Recitation Questions ATP

Recitation Questions (ATP)

1. Dissolution v. Winding up

2. Can there be dissolution without winding up

3. Grounds for dissolution (1830 & 1831)

4. What is partnership at will?

5. Rights of an innocent partner

6. Rights of a partner who caused a wrongful dissolution

7. When is a third person bound after dissolution?

8. Explain the rules dun sa notice and knowledge

9. Application of assets

10. Doctrine of Marshalling assets ( Partnership assets to partnership creditors)

11. If may surplus na individual asset na pwede ba apply sa partnership creditor

12. Valid ba yung stipulation na pwede idissolve yung partnership at any time kapag partnership with a specific term or particular undertaking

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