Which of the following is a violation of the fiduciary duty of a partner?
A) One partner, without the consent of the other partners, starts another business which is similar to or in competition with the partnership business.
B) One partner, without the consent of the other partners, uses information that he has gained from the partnership for his own advantage.
C) One partner, without the consent of the other partners, uses the partnership property for his own personal use.
D) Both B and C
E) All of the above
E
You might also like to view...
What were the two important managerial implications of the hedonic versus utilitarian advertising study shown in the chapter?
What will be an ideal response?
Employees will participate in the management of their own performance
a. If the supervisor forces them to b. If they know the supervisor expects them to c. If they are an exceptional performer d. None of the above