A, B, and C are partners in A & Company. A is the managing partner. X is indebted to the partnership for the amount of Php24,000. X is also indebted to B in the amount of Php12,000. Both debts are due and demandable. B was able to collect the amount of Php12,000 from X. While drinking on a Friday night, B told A that he was able to collect from X. The following day, A demanded B to give the amount he collected from X for the benefit of the partnership.Can A demand B to give to the partnership what he collected?Group of answer choicesYes. B should give Php12,000 to the partnership. Under the law, B should prioritize the partnership over his personal interest.Yes. B, as an ordinary partner, is required under the law to report to the partnership whatever benefit he received.No. B is not a managing partner, so he is not required to give what he received in favor of the partnership.No. B acted in good faith and even reported to A that he was able to collect from X.Both a and bBoth c and d
Question
A, B, and C are partners in A & Company. A is the managing partner. X is indebted to the partnership for the amount of Php24,000. X is also indebted to B in the amount of Php12,000. Both debts are due and demandable. B was able to collect the amount of Php12,000 from X. While drinking on a Friday night, B told A that he was able to collect from X. The following day, A demanded B to give the amount he collected from X for the benefit of the partnership.Can A demand B to give to the partnership what he collected?Group of answer choicesYes. B should give Php12,000 to the partnership. Under the law, B should prioritize the partnership over his personal interest.Yes. B, as an ordinary partner, is required under the law to report to the partnership whatever benefit he received.No. B is not a managing partner, so he is not required to give what he received in favor of the partnership.No. B acted in good faith and even reported to A that he was able to collect from X.Both a and bBoth c and d
Solution
Yes. B should give Php12,000 to the partnership. Under the law, B should prioritize the partnership over his personal interest. Also, B, as an ordinary partner, is required under the law to report to the partnership whatever benefit he received. So, the answer is both a and b.
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