Partnership and Agency Law
PARTNERSHIP
General Provisions
Articles 1767-1783
A. Definitions/Elements/Existence
B. Formal Requirements (Articles 1771-1773)
Obligations of the Partners
Articles 1784-1827
A. Obligations of the partners among themselves (Section 1)
1. Contributions (Articles 1784-1796, 1808)
2. Profits and losses (Articles 1797-1799)
3. Management (Articles 1800-1804)
4. Accounting of partnership affairs (Articles 1805-1809)
B. Property rights of a partner (Articles 1810-1814)
C. Obligations of the partners with regard to third persons (Articles 1815-1827)
Dissolution and Winding Up
Articles 1828-1842
Limited Partnership
Articles 1843-1867
A. Nature
Arts. 1843-1849; 1867
B. Rights/Duties/Liabilities of General Partners
Arts. 1850 and 1853
C. Rights/Duties/Liabilities of Limited Partners
Arts. 1848; 1851; 1854-1859
D. Dissolution and Winding Up
Arts. 1860; 1863-1866
AGENCY
Nature, Form and Kinds of Agency
Articles 1868-1883
A. Agency as a contract (Art. 1868)
B. Agency distinguished from other contacts
1. Agency v. Partnership
2. Agency v. Sales
3. Lease of Work of Service
4. Agent v. Independent Contractor
5. Negotorium Gestio
6. Agent v. Servant
7. Agency v. Loan
8. Agency v. Guardianship
Rules 93-95, Rules of Court
9. Agency v. Brokerage
10. Agency v. Judicial Administration
11. Ship Agent
C. Kinds of agency
1. As to construction (Articles 1869- 1870, 1872)
2. As to form (Arts. 1873, 1874)
3. As to cause (Art. 1875)
4. As to extent of authority (Arts. 1876, 1877, 1881, 1882)
5. As to third persons (Art. 1911)
D. Special power of attorney (Arts. 1878, 1879, 1880)
1. By mutual assent of the Parties
1. Agent to act within the scope of his authority
2. Agent acting in his own name
A. With respect to principal
B. With respect to third persons
Obligations of the Principal
B. With respect to third persons
Modes of extinguishment of agency
B. Withdrawal of the agent
C. Death, civil interdiction, insanity or insolvency
D. Dissolution of the firm or corporation
E. Accomplishment of the object or purpose
F. Expiration of the period