In the case of partnership, partners owe each other a fiduciary duty of loyalty.

Name: In the case of partnership, partners owe each other a fiduciary duty of loyalty.
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Question

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Partners owe each other a fiduciary duty of loyalty. In general, a partner may not profit at the expense-either direct or indirect-of the partnership. In particular, without the consent of the other partners, a partner may not compete with the partnership, take business opportunities from which the partnership might have benefited.

In the Case of Partnership, Partners Owe Each Other a Fiduciary