which of the following is false regarding the winding-up process? during the winding-up process, the partners must still fulfill their fiduciary duty to one another by disclosing all information about the partnership assets. during the winding-up process, the partners may not engage in any business that competes with the partnership business. if a partnership has been rightfully dissolved, any partner can demand that the winding-up stage begin. if a partner wrongfully dissolves a partnership, that partner has no right to demand a winding up. during winding-up, once partnership assets are gathered, they are distributed to the partners or to creditors.
