Which of the following statements is false regarding when a partner may demand an accounting?

Question

Quizplus · Accepted Answer

A)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."
B)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."
C)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."
D)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."
E)Each partner has a right to an accounting in four circumstances:

Which of the Following Statements Is False Regarding When a Partner