- Statute
- Philippine Civil Code
- Article
- Art. 1798
- Topic
- Obligations of the Partners
- Status
- In force
- Book
- BOOK IV Obligations and Contracts
- Title
- TITLE IX PARTNERSHIP
- Chapter
- CHAPTER 2 Obligations of the Partners
- Formerly
- Art. 1690 of the old Civil Code
- Year
- 1949
- Cited by
- Multiple Supreme Court decisions
The provision
If the partners have agreed to intrust to a third person the designation of the share of each one in the profits and losses, such designation may be impugned only when it is manifestly inequitable. In no case may a partner who has begun to execute the decision of the third person, or who has not impugned the same within a period of three months from the time he had knowledge thereof, complain of such decision. The designation of losses and profits cannot be intrusted to one of the partners. (1690)
Cases applying this article
- Rafael Azada y Lara v. Francisco Martinez y Garcia G.R. No. 4179
- Alejandro Reyes v. Francisco Martinez G.R. No. 1724
- Zoilo Garcia Vasquez v. P.B. Florence G.R. No. 2353
- La Razon Social de Hijos de I. de La Rama v. Rosendo Lacson G.R. No. 1462
- I. O. Conchegull v. Joseph B. Hyams G.R. No. 893
- Pablo Palma v. Juan Cañizares G.R. No. 34
Related provisions in this Chapter
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