Civil code of the Philippines article 1775 in partnership?

Article 1775 of the Civil Code of the Philippines defines a partnership as a contract whereby two or more persons bind themselves to contribute money, property, or industry to a common fund with the intention of dividing the profits among themselves. It emphasizes that partnerships can be formed for a lawful purpose and can be established through written or oral agreements. This article lays the foundation for understanding the nature and obligations of partners within a partnership framework.