Question
64) In which one of the following situations has the duty between partners not been breached? a. X, Y, and Z have a partnership in
64) In which one of the following situations has the duty between partners not been
breached?
a. X, Y, and Z have a partnership in a restaurant business in Winnipeg. Unknown to his
partners, Z opens a shoe store in Regina as well.
b. X, Y, and Z have a partnership in a restaurant business in Winnipeg.
Unknown to his
partners, Z opens up a restaurant in the same city as a sole proprietorship.
c. X, Y, and Z have a partnership in a restaurant business in Winnipeg. Unknown to his
partners, Z is the major shareholder in a corporation that sets up a restaurant in the same
city.
d. X, Y, and Z have a partnership in a restaurant business in Winnipeg. Unknown to his
partners, Z owns 50 percent of the shares in the company that supplies the restaurant with
its food supplies.
e. X, Y, and Z have a partnership in a restaurant business in Winnipeg. Unknown to his
partners, Z runs a catering business during the evening using the restaurant's facilities.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
