In each of following situtations. is there any violation of fiduciary relationship by a partner. In each case, indicate whether it would make difference if the partnership was informed of and/or approved the transaction.

1. Partner A sells land to his partnership without disclosing that he is the owner. He sells it for the market value of the land.
2. Partner B is offered a chance to earn some money performing a service, which either B personally, or his partnership, could perform. B accepts the offer personally.
3.Partner C is a partner in a dry cleaning partnership. C opens a dry cleaning store down the street from one owned by the partnership.
4.Partner D sells partnership inventory for more than the partnership's selling price and keeps the excess profits for himself.
5.Partner E uses partnership property for personal purposes. The property is returned to the partnership unharmed.

1. 👍 0
2. 👎 0
3. 👁 161

## Similar Questions

1. ### physical Edu

Which is a common expectation that can hurt a relationship? a. expecting your partner to change b. expecting that your partner loves you c. expecting intimacy d. expecting that you can trust your partner is it A

asked by Andy on June 18, 2012
2. ### life orientation

identify your human rights violation or discrimination and explain in and introductory paragraph why you choose the specific human rights violation or discrimination.describe the three human rights violation or discrimination you

asked by beauty on April 20, 2016
3. ### probability

There are 4 students in a class. A teacher wants them to each secretly choose a partner for a group project. If everyone independently chooses a partner randomly, the probability that everyone chooses a partner who chose him/her

asked by ianian on April 29, 2013
4. ### Maths

There are 4 students in a class. A teacher wants them to each secretly choose a partner for a group project. If everyone independently choses a partner randomly, the probability that everyone choses a partner who chose him/her is

5. ### physics for dummies!

The man hanging upside down is holding a partner who weighs 699 N. Assume that the partner moves on a circle that has a radius of 3.37 m. At a swinging speed of 3.49 m/s, what force must the man apply to his partner in the

asked by Hannah on February 10, 2011
6. ### physics

the man hanging upside down is holding a partner who weighs 491 N. Assume that the partner moves on a circle that has a radius of 5.09 m. At a swinging speed of 4.20 m/s, what force must the man apply to his partner in the

asked by damien on July 1, 2013
7. ### physics

In the figure the man hanging upside down is holding a partner who weighs 535 N. Assume that the partner moves on a circle that has a radius of 6.50 m. At a swinging speed of 3.75 m/s, what force must the man apply to his partner

asked by simon on July 10, 2013
8. ### accounting

identify your human rights violation or discrimination and axplain in introductory paragraph why you choose the specific human rights violation discrimination.describe the three human rights violation or discrimination you

asked by beauty on April 20, 2016
9. ### Life orientation

1 .Choose three examples of human rights violation /discrimination and give reasons for your choice 2.from your research ,describe each of the three ways of human rights violation/discrimination mentioned in the question above and

asked by Andani on April 22, 2019
10. ### Life orientation

1 .Choose three examples of human rights violation /discrimination and give reasons for your choice 2.from your research ,describe each of the three ways of human rights violation/discrimination mentioned in the question above and

asked by Pretty on April 20, 2019

More Similar Questions