RULPA does not distinguish between the duty of care owed by a general partner to a general partnership and that owed by a general partner to a limited partnership.

Question

Quizplus · Accepted Answer

RULPA (Revised Uniform Limited Partnership Act) does not differentiate the duty of care for general partners between general and limited partnerships, as it generally applies similar fiduciary duties to general partners in both contexts.

RULPA Does Not Distinguish Between the Duty of Care Owed