Art 1784-1785

Cards (5)

  • ARTICLE 1784. A partnership begins from the moment of the execution of the contract, unless it is otherwise stipulated.
  • ARTICLE  1785.  When  a  partnership  for  a  fixed  term  or  particular  undertaking  is  continued  after  the termination of such term or particular undertaking without any express agreement, the rights and duties of  the  partners  remain  the  same  as  they  were  at  such  termination,  so  far  as  is  consistent  with  a partnership at will.
  • ARTICLE 1785. A continuation of the business by the partners or such of them as habitually acted therein during the term, without any settlement or liquidation of the partnership affairs, is prima facie evidence of a continuation of the partnership
  • Legal relations created by a contract of partnership
    1. Between partners
    2. between partners on one hand and the partnership on the other hand
    3. between partners on one hand and third persons on the other hand
    4. between partnership and third persons
    • General Rule - pship begins from the moment of the execution of the contract
    • Exception - partners can agree on some other date for the start of the pship