Under the RUPA, a partner violates the duty of loyalty if the conduct furthers the partner's own interest.

Question

Quizplus · Accepted Answer

Under the Revised Uniform Partnership Act (RUPA), a partner does not necessarily violate the duty of loyalty simply by acting in their own interest. The violation occurs if the partner engages in self-dealing, usurps a partnership opportunity, or competes with the partnership without consent.

Under the RUPA, a Partner Violates the Duty of Loyalty