During the winding-up process, the partners must still fulfill their fiduciary duty to one another by disclosing all information about the partnership assets.

Question

Quizplus · Accepted Answer

During the winding-up process of a partnership, partners are indeed required to fulfill their fiduciary duties to one another, which includes the obligation to disclose all relevant information concerning partnership assets and affairs to ensure fair and equitable dissolution.

During the Winding-Up Process, the Partners Must Still Fulfill Their