Ray is approached by World Health Help Centre, (WHHC) which is incorporated under the Canada Not for Profit Act. Its mission is to refurbish used medical devices for sale at a reduced price to the developing world as well as to hospitals in Canada. They ask Ray to do some of the technical writing for the operational manuals that accompany their refurbished devices. He is a volunteer and does not get paid for this work.

Issue #2 fiduciary obligations

What obligations do each partners owe each other?

Example: Issue: Did WHHC violate shareholder's financial rights when they did not distribute the entire surplus to its shareholders. According to Canadian corporation law (LAW). Shareholders have the right to receive yearly dividends by their shares in the corporation. WHHC cannot withhold funds from its shareholders because "law." Therefore WHHC must distribute funds to its shareholders