Question

As a general rule, a partner cannot ask for a formal accounting of the affairs of the partnership during the existence and before it is dissolved, except:

a. When he is wrongfully excluded from the partnership business

b. When the right exists under the terms of any agreement

c. As provided by Article 1807

d. Whenever other circumstances render it just and reasonable

e. All of the above

Answer 1

A partner can ask for a formal accounting of the partnership affairs under certain circumstances such as wrongful exclusion, terms of agreement, Article 1807, or when it's just and reasonable; hence, the correct option is (b)?

Step-by-step explanation:

As a general rule, a partner cannot ask for a formal accounting of the affairs of the partnership during its existence and before it is dissolved. There are, however, certain exceptions to this rule:

• When he is wrongfully excluded from the partnership business
• When the right exists under the terms of any agreement
• As provided by Article 1807
• Whenever other circumstances render it just and reasonable

Therefore, the correct answer to the question is 'e. All of the above.' It is important for partners to understand their rights and responsibilities within the partnership, as well as the mechanisms available to ensure transparency and proper management of the partnership's affairs.