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Which of the following obligations below is not included among the lawful obligations of a partner to the partnership with respect to contribution of property:

Which of the following obligations below is not included among the lawful obligations of a partner to the partnership with respect to contribution of property:

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter15: Partnership Accounting
Section: Chapter Questions
Problem 10MC: How does a newly formed partnership handle the contribution of previously depreciated assets? A....
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  1. Which of the following obligations below is not included among the lawful obligations of a partner to the partnership with respect to contribution of property:

 

a. To deliver to the partnership at the time it was constituted or on the date stipulated the property he has promised to contribute.

b. To be liable in case of default

c. To be liable for the fruits of the thing from the time they should have been delivered without the need of any demand.

d. To take care of the property before its delivery to the partnership with extra ordinary care as a rule.

e. To answer for eviction in case the partnership is deprived of the specific or determinate thing he has contributed to the partnership.

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