Assertion: partnership's partner | /r/CapableOf | owe fiduciary duty
Facets:
value: to the limited partners
type: TRANSITIVE-OBJECT
value: typically
type: DEGREE
value: to one another
type: TRANSITIVE-OBJECT
Source sentences:
text: Partners owe both a contractual duty and a fiduciary duty to one another.
text: Typically general partners owe fiduciary duties to their fellow partners and to the business entity, including the duty of good faith and fair dealing, loyalty, reasonable care, accounting, and disclosure.
text: The general partner owes no fiduciary duty to the limited partners; however, many MLPs have incentive distribution rights, which are designed to align the interests of all parties.