In a partnership,when a partner makes a secret profit through a business transaction,what is the remedy for such a breach?
A)Paying the other partners additional compensation
B)Hiring another individual to carry out the duties of the partner
C)Recovering the profits of the partner's competing venture
D)Returning the profit made in the transaction

Question

Quizplus · Accepted Answer

The remedy for a breach of the duty not to make a secret profit is a return of the profit made in the transaction with the partnership.

In a Partnership,when a Partner Makes a Secret Profit Through