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Ang Batas, Sa Simpleng Salita — your rights, finally explained.

Article 1776

RA 386 · Civil Code of the Philippines

ELI5— what this means for you

As to its object, a partnership is either universal or particular.

Official text — RA 386

As to its object, a partnership is either universal or particular.

As regards the liability of the partners, a partnership may be general or limited. (1671a)

Source: lawphil.net (RA 386 as amended)

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