Does Leo Have Any Obligation to Tell Gordon About the BigBox

question 60

Multiple Choice

Does Leo have any obligation to tell Gordon about the BigBox deal?

• A)Yes,partners must disclose any material facts affecting the business.
• B)Yes,but Leo only has to tell Gordon about the BigBox deal if they are going to split up the business.
• C)No,although partners must disclose any material facts affecting the business,Leo does not need to tell Gordon unless he signs an agreement to place SafeT Car in every BigBox store nationwide.
• D)No,because Gordon breached his fiduciary duty.
• E)No,because Gordon has chosen not to come to work and not to perform any duties.

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Definitions:

Experimental

Pertains to a methodological approach that involves manipulating one variable to determine if changes in one variable cause changes in another variable.

Undercontrolled

Refers to a lack of restraint or discipline, often resulting in impulsive or unchecked behavior.

Impulsive

Acting on spontaneous desires and immediate gratification without consideration of the consequences.

Liberal

A political and social philosophy advocating for freedom of the individual, democratic forms of government, and the protection of civil liberties.