Is Wally entitled to a review of all partnership assets and profit statements listing the distributions to partners?

Question

Quizplus · Accepted Answer

Each partner has a right to an accounting in four circumstances:• Whenever the partnership agreement provides for an accounting.• Whenever the copartners wrongfully exclude a partner from the partnership or from access to the books.• Whenever any partner fails to disclose a profit or benefit from the partnership, thus breaching his or her fiduciary duty.• Whenever circumstances render an accounting "just and reasonable."

Is Wally Entitled to a Review of All Partnership Assets