Which of the following demonstrate an aspect of partner rsquo s fiduciary relationship ........

Indian Partnershoip Act (IPA) 1930 Right and Duties etc

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Which of the following demonstrate an aspect of partner’s fiduciary relationship?

The duty not to draw any exclusive advantage by the use of the partnership property or information

The duty not to draw any benefit by engaging into transaction in rivalry with the firm

The duty not to divert the business opportunities of the firm to his own advantage

All of the above

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Explanation:

- Option 1: Partners have the duty to avoid using partnership property or information for personal gain. They must ensure any advantage is shared among the partnership.

- Option 2: Partners must refrain from engaging in any business that competes with the partnership. This duty ensures partners do not benefit at the expense of the firm.

- Option 3: There's a duty to not reroute business opportunities meant for the firm to personal advantage. The focus is to keep the firm's best interests at heart.

- Option 4: "All of the above" options are aspects of a partner's fiduciary duties, emphasizing loyalty, fairness, and the primacy of the firm's interests.