Chapter XXVI Intermediary Contracts Ar cle 961 An intermediary contract is a contract under which a middleman reports to the client the opportunity for concluding a contract or provides intermediary services for the conclusion of a contract, for which the client pays remunera on. Ar cle 962 The middleman shall truthfully report to the client ma ers related to the conclusion of the contract. Where a middleman inten onally conceals important facts in rela on to the conclusion of the contract or provides untrue informa on thereof, thus harming the interests of the client, he may not request for remunera on and shall bear the liability for compensa on. Ar cle 963 Where a middleman contributes to the conclusion of a contract, the client shall pay remunera on in accordance with the agreement. Where there is no agreement between the par es on the remunera on for the middleman or the agreement is unclear, if it cannot be determined according to the provisions of Ar cle 510 of this Code, the remunera on shall be reasonably determined in accordance with the middleman's services. Where the intermediary services provided by the middleman facilitates the conclusion of a contract, the par es to the said contract shall equally share the disbursement of the remunera on to the middleman. In facilita ng the conclusion of a contract, the expenses incurred in the intermediary ac vi es shall be borne by the middleman. Ar cle 964 Where a middleman fails to facilitate the conclusion of a contract, he may not request the payment of remunera on, but may request the client to pay for the necessary expenses incurred in the intermediary ac vi es in accordance with the agreement. Ar cle 965 Where a client, a er accep ng the services of the middleman, uses the trading opportunity or intermediary services provided by the middleman to bypass the middleman and directly concludes a contract with another person, the client shall pay remunera on to the middleman. Ar cle 966 For ma ers not provided in this Chapter, the relevant provisions on entrustment contracts shall be applied muta s mutandis. Chapter XXVII Partnership Contracts Ar cle 967 A partnership contract is an agreement between two or more partners to share bene ts and assume risks for a joint enterprise. Ar cle 968 A partner shall ful ll his obliga on to contribute capital in accordance with the method, amount, and me limit for payment in accordance with the agreement. Ar cle 969 The capital contribu ons made by the partners and the proceeds therof and other property acquired in accordance with law in the course of the partnership business are partnership property. A partner may not request par on of the partnership property prior to the termina on of the partnership contract. Ar cle 970 A partner who makes a decision on the partnership businesses shall obtain unanimous consent of all the partners, unless otherwise agreed in the partnership contract. The partnership businesses shall be jointly managed by all partners. One or more partners may be authorized to manage the partnership business in accordance with the partnership contract or the decision made by all partners; and the other partners shall cease to manage the partnership business, except that they have the right to supervise the management. Where the partners manage the partnership business separately, the managing partner may raise objec ons ti ti ti ti fi ti ti ti ti tt ti ti ti ti ti ti ti ti ti ti fi ft ti ti ti ti ti tt ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti 104

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