Which of the Following Is False Regarding the Winding-Up Process

Multiple Choice

Which of the following is false regarding the winding-up process?

A) During the winding-up process, the partners must still fulfill their fiduciary duty to one another in the sense that they must disclose all information about the partnership assets.
B) During the winding-up process, the partners may not engage in any business that competes with the partnership business.
C) If a partnership has been rightfully dissolved, any partner can demand that the winding-up stage begin.
D) If a partner wrongfully dissolves a partnership, that partner has no right to demand a winding up.
E) During winding-up, once partnership assets are gathered, they are distributed to the partners or to creditors.