Civil Code Art. 1816: Obligations of the

Statute: Civil Code
Article: Art. 1816
Topic: Obligations of the Partners
Book: BOOK IV Obligations and Contracts
Title: TITLE IX PARTNERSHIP
Chapter: CHAPTER 2 Obligations of the Partners
Year: 1949

The provision

All partners, including industrial ones, shall be liable pro rata with all their property and after all the partnership assets have been exhausted, for the contracts which may be entered into in the name and for the account of the partnership, under its signature and by a person authorized to act for the partnership. However, any partner may enter into a separate obligation to perform a partnership contract. (n)

Cases applying this article

Raymundo Meris Morales v. Nemesio Fontanos G.R. No. 43299
Michael C. Guy v. Atty. Glenn C. Gacott G.R. No. 206147

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