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Each Partner Is Obliged to Act in Good Faith for the Common

Question 8

Multiple Choice

Each partner is obliged to act in good faith for the common good of the partnership, which includes an obligation to:


A) profit personally from their position.
B) put themselves in a position of conflict of interest without keeping the other partners informed.
C) compete with the partnership.
D) fully disclose to the other partners all matters likely to affect the partnership.

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