1. Mr.W, Mr.X, Mrs.Y and Ms.Z organized a general partnership with W and X as industrial partners and Y and Z as capitalist partners. Y contributed P500,000.00 and Z contributed P200,000.00 to the common fund. By a unanimous vote of the partners, W and X were appointed managing partners, without any specification of their respective powers and duties. A applied for the position of Secretary and B applied for the position of Accountant of the partnership. The hiring of A was decided upon by W and X, but was opposed by Y and Z. The hiring of B was decided upon by W and Z, but was opposed by X and Y. Who of the applicants should be hired by the partnership?
1. Mr.W, Mr.X, Mrs.Y and Ms.Z organized a general
A applied for the position of Secretary and B applied for the position of Accountant of the partnership.
The hiring of A was decided upon by W and X, but was opposed by Y and Z.
The hiring of B was decided upon by W and Z, but was opposed by X and Y.
Who of the applicants should be hired by the partnership?
2. Joey and Ruddie formed a partnership to operate a car repair shop in Dagupan City. Joey provided the capital while Ruddie contributed his labor and industry. On one side of their shop, Joey opened and operated a coffee shop, while on the other side, Ruddie put up a car accessories store. May they engage in such separate businesses? Why?
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