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DISSOLUTION OF
PARTNERSHIP
Category: Law on Partnerships
b. Express will of any partner in good faith, when there is no definite term
and no specified undertaking
c. Express will of all partners (except those who have assigned their
interests or suffered them to be charged for their separate debts) either before
or after the termination of any specified term or particular undertaking
4. Loss
a. Specific thing promised as contribution is lost or perished before delivery
b. Loss of a specific thing contributed before or after delivery, if only the use
of such is contributed
Note: The partnership shall not be dissolved by the loss of the thing when it
occurs after the partnership has acquired the ownership thereof.
7. Civil interdiction of any partner 8. By decree of court under Art. 1831, NCC
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