Amina,Bill,and Connor Carried on Business in Partnership as Hardware Merchants

question 9

True/False

Amina,Bill,and Connor carried on business in partnership as hardware merchants.Bill,who did most of the purchasing of stock for the partnership,would occasionally purchase (using his own money)an extra quantity of some items that could readily be sold to consumers.He would use the truck owned by the business on the weekends to travel to his cottage where he would sell the items to cottage owners in the area of his own cottage.Amina and Connor were unaware of Bill's actions,as B had not revealed his weekend business activity to either Amina or Connor.
-Bill's actions were in breach of the partnership agreement,since the agreement is a contract of utmost good faith.

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