Asked by Lisbeth Galvan on Jul 04, 2024

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Which of the following was the result in Floyd Finch v. Bruce Wayne Campbell, the case concerning whether the fiduciary relationship between law partners gives rise to a duty to bill clients expeditiously, the court held that

A) by not billing clients in a timely manner, Finch was purposefully trying to undermine Campbell's reputation and therefore expulsion from the firm was proper.
B) expelling a partner who did not bill clients expeditiously, even after requests by the partners and clients, because the partner did not want to show 'income' for purposes of his dissolution of marriage was in fact a breach of fiduciary.
C) the jury errored in finding that Finch breached his fiduciary duty because there was conflicting evidence presented at trial.
D) Finch and Campbell were partners and as such each had the right to expel the other for practice that hurt the law firm and neither breached their fiduciary duty to each other.
E) expelling a partner by another partner is question of law that is governed by the Uniform Partnership Act and that the trial court incorrectly gave a summary judgment to Finch.

Fiduciary Relationship

A legal relationship in which one party, the fiduciary, is obligated to act in the best interest of another party, typically in financial or property matters.

Expulsion from the Firm

The act of formally removing a partner or member from a business or professional practice due to misconduct or breach of agreement.

  • Acquire knowledge on the obligations and rights of partners in a collaborative enterprise.
  • Comprehend the relationship between fiduciary duties and partnership management.
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Gabrielle DianneJul 10, 2024
Final Answer :
B
Explanation :
The correct choice is B because it addresses the breach of fiduciary duty by not billing clients expeditiously for personal gain, which is a violation of the responsibilities held by partners in a law firm.