Business Case Problems 37-3. Fiduciary Duties of Partners. Karl Horvath, Hein tl Rsen, and Carl Thomas formed a partnership, HRT Enter- a manufacturing plant. Rsen and Thomas to their own company, Merkur Steel. Merkur then sublet the premises to other companies owned by Rsen to Merkur G buy prises, to leased the plant P and Thomas. The rent that these companies paid was higher than the rent that Merkur paid to HRT. Rsen andL Thomas did not tell Horvath about the subleases. Did Rsen and Thomas breach their fiduciary duties to HRT and Hor- vath? Discuss. [Horvath v. HRT Enterprises, 489 Mich.App. A 992, 800 N.W.2d 595 (2011)] (See Formation and Operation.) 3 37-4. Partnership Formation. Patricia Garcia and Ber- a fr hin While they T