A(n)_____________requires that each partner act in good faith for the benefit of the partnership.

Question

Quizplus · Accepted Answer

A fiduciary relationship is defined as a relationship in which one party, known as the fiduciary, has a duty to act in good faith and in the best interests of the other party. In the context of a partnership, each partner has a fiduciary duty to act for the benefit of the partnership as a whole. Therefore, option C is the correct answer.

A(n)_____________requires That Each Partner Act in Good Faith for the Benefit