![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
A and B are capitalist partners, with C as an industrial partner. A and B contributed P15, 000.00 each to the capital of the partnership. A contractual liability of P40, 000.00 was incurred by the partnership in favor of X. If the capital assets have been exhausted to pay X, leaving a contractual liability of P10, 000.00, X can recover the amount from: |
A. | A and B only |
B. | A, B and C |
C. | A, B and C and C can recover for reimbursement from A and B |
D. | No reimbursement may be recovered by C. |
Answer» A. A and B only |
View all MCQs in
Philippines Civil Law SocietyNo comments yet