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P and B Were Partners in a Travel Firm

Question 19

Multiple Choice

P and B were partners in a travel firm.P wanted to approach their wealthy travel clients and offer to help them to invest in Australia.B said no because he thought the idea was too risky.P secretly went ahead and made a large sum of money over several years.B has found out.He is demanding his share of P's profits.What are B's legal rights?


A) B is not entitled to a share because he said no to the opportunity and refused to take a risk.
B) B is not entitled to a share because P has entered a separate joint venture with their travel clients
C) B is entitled to a share because partners must share any private profits made from opportunities linked to partnership opportunities
D) B is entitled to a share which is equal to the percentage of liability the partnership faces because of P's secret business.

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