partners must, in good faith, work for the benefit of their partnership and refrain from taking any kind of action that would undermine the partnership. this is known as the partners' .

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10-12-2022
Business

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partners must, in good faith, work for the benefit of their partnership and refrain from taking any kind of action that would undermine the partnership. this is known as the partners' .

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shivanijain4931 shivanijain4931 · Answer 1 · 2022-12-15T15:53:48+01:00

Partners must, in good faith, work for the benefit of their partnership and refrain from taking any kind of action that would undermine the partnership. this is known as the partners fiduciary duty.

A partnership is an arrangement wherein events, called commercial enterprise partners, comply with cooperation to strengthen their mutual interests. The partners in a partnership can be people, businesses, hobby-based totally companies, faculties, governments or combos.

A partnership is a shape of business wherein or extra human beings proportion ownership, as well as the obligation for managing the employer and the earnings or losses the business generates.

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