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Author Question: Which one of the following is correct with respect to the rights of partners unless they have agreed ... (Read 137 times)

robinn137

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on: Aug 7, 2021

Question 1

In which of the following is there not a fiduciary duty owed?
◦ manager to employer
◦ officer of a company to the company
◦ partners to each other
◦ director to shareholders
◦ agent to her principal

Question 2

Which one of the following is correct with respect to the rights of partners unless they have agreed otherwise?
◦ All profits are shared equally among the partners.
◦ Personal expenses incurred by the partners in the course of business are reimbursed.
◦ No major decision can be taken without a majority vote agreement of all partners.
◦ Only the partners that have contributed the largest capital amount have the right to share in management.
◦ A partner can sell her share of the partnership to another person without the agreement of the other partners.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by robinn137 on Aug 7, 2021

meltdown117

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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robinn137

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Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review

LVPMS

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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