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Steve and Laura Do Business as a Partnership

Question 6

Multiple Choice

Steve and Laura do business as a partnership.As a result, Steve has a fiduciary obligation to


A) pay over to the partnership any amounts earned from activities unrelated to the partnership.
B) give up any business interests outside the partnership.
C) pass up opportunities to compete with the partnership.
D) look after the personal health and welfare of the other partners.
E) provide information to the partnership about business opportunities not related to the partnership business.

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