Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who owes a fiduciary duty to a partnership?

duty Fiduciary owes partnership
0
Posted

Who owes a fiduciary duty to a partnership?

0

In a general partnership, each partner owes a fiduciary duty to the other partners. Full disclosure of all facts relating to any partnership dealings is required. This fiduciary duty exists even when winding up partnership affairs, until the winding up is complete.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123