menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 2
  4. Exam
    Exam 36: Partnerships and Limited Liability Partnerships
  5. Question
    A Partner Owes a Partnership and Its Partners a Duty
Solved

A Partner Owes a Partnership and Its Partners a Duty

Question 17

Question 17

True/False

A partner owes a partnership and its partners a duty of gross negligence and reckless conduct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q12: Any limit on a partner's capacity to

Q13: A partner may use and possess partnership

Q14: The Uniform Partnership Act has done much

Q15: A limited liability partnership can be formed

Q16: Fern and Gray want to form a

Q18: A partnership for a definite term cannot

Q20: Mabel and Nicol do business as One

Q21: A limited partner who participates in the

Q22: Dill and Edy form a partnership.Edy's capital

Q22: Jim and Kyle are partners in J&K

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines