When a partner competes against his partnership without consent,what is the remedy for such a breach?
A)Paying the other partners additional compensation
B)Hiring another individual to carry out the duties of the partner
C)Returning the profit made in the transaction
D)Recovering the profits of the partner's competing venture

Question

Quizplus · Accepted Answer

A partner may not compete against his partnership unless he obtains consent from the other partners.The partnership has the remedy of recovering the partnership's damages caused by the competing business,often disgorgement-that is,the profits of the partner's competing venture.

When a Partner Competes Against His Partnership Without Consent,what Is