Which of the Following Duties Does a Partner Owe to His/her

question 4

Multiple Choice

Which of the following duties does a partner owe to his/her partners?

• A)To transfer the partnership assets in escrow to a professional accounting body if one or more partners become bankrupt
• B)To turn over to the partnership any profits made privately without the consent of the other partners.
• C)To bring to the notice of the partnership any technological advantage developed by a competitor.
• D)To terminate any personal financial or investment accounts.
• E)All of the above