A, B and C are general partners in ABC partnership. X is a debtor to the partnership in the amount of P180,000.

A, B and C are general partners in ABC partnership. X is a debtor to the partnership in the amount of P180,000. A received from the debtor X the sum of P60,000 and issued a receipt identifying the amount collected as P60,000.

a. A cannot be compelled to share the P60,000 with B and C.

b. A can be compelled to share with B and C their P60,000.

c. B and C should automatically sue X to collect the P120,000.

d. B and C can deduct from the capital of A their share of P60,000.

Expert Solution

The right option is (b). i.e. A can be compelled to share with B and C their P60,000.

Justification:

Since X is the debtor of partnership firm and A has received P60000 from him. In partnership all partners are agent of all other partners and are mutually liable for all acts done by partners or by firm on behalf of partners. Thus A can be compelled to share with B and C their P60000.

Hence, (b) is correct.

Junaid answered 1 year ago

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