Which of the Following Is Correct Regarding the Fiduciary Duties

question 68

Multiple Choice

Which of the following is correct regarding the fiduciary duties in a limited partnership?

• A)A general partner has a fiduciary relationship to the limited partners, but not to any other general partners.
• B)Judicial authority seems to suggest that the limited partner has no fiduciary duty to the partnership.
• C)The fiduciary duty of the general partner has little effect upon the interests of the limited partners, because they have no ability to manage or control the partnership.
• D)All of the above are correct.

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