Which of the Following Statements Is False Regarding Duties of Partners

Multiple Choice

Which of the following statements is false regarding duties of partners to one another?

A) They must disclose any material facts affecting the business to one another.
B) They may engage in a competing business only if the competing business does not result in significant losses to the partnership.
C) They have a duty to be loyal to one another.
D) They should not take any kind of action that will undermine the partnership.
E) They have a fiduciary duty to one another.