Question

X, a limited partner in a partnership with Y and Z as general partners, lawfully received the return of his contribution in the amount of P20,000, the assets of the partnership are insufficient to pay the firm's indebtedness to W. State the liability of X if the claim of W arose: a. Before X received his contribution (5 points); and b. After X received his contribution (5 points).

Answer 1

Explanation:

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