Partners owe a duty of loyalty and a duty of care to the partnership and the other partners.

Name: Partners owe a duty of loyalty and a duty of care to the partnership and the other partners.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Partners owe a duty of loyalty and a duty of care to the partnership and to the other partners, which includes acting in the best interests of the partnership, avoiding conflicts of interest, and performing their duties with care and diligence.

Partners Owe a Duty of Loyalty and a Duty of Care