The following statements concerning the obligations and rights of a partner is correct, except * Every capitalist partner can engage for their own account in any operation which is of the same kind of business in which the partnership is engaged. Every partner shall at any reasonable hour have access to and may inspect and copy any of the partnership books. Every partner shall render on demand true and full information of all things affecting the partnership to any partner or the legal representative of any deceased partner or of any partner under legal disability. Every partner must account to the partnership for any benefit, and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership or from any use by him of its property.
The following statements concerning the obligations and rights of a partner is correct, except *
Every capitalist partner can engage for their own account in any operation which is of the same kind of business in which the
Every partner shall at any reasonable hour have access to and may inspect and copy any of the partnership books.
Every partner shall render on demand true and full information of all things affecting the partnership to any partner or the legal representative of any deceased partner or of any partner under legal disability.
Every partner must account to the partnership for any benefit, and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership or from any use by him of its property.
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