Bryn, cornell, and duke are general partners in equity lending, a consumer credit, mortgage, and investment firm. their agreement states that it is a breach of the agreement for any partner to assign his or her interest to a creditor without the consent of the other partners. refer to fact pattern 27-3. cornell’s assignment of his interest in equity lending to financial consultants corporation results in a. cornell's liability for all of equity lending's debts. b. the automatic termination of equity lending's legal existence. c. cornell's wrongful dissociation and liability for any damages. d. nothing with respect to cornell or equity lending.

Nellie lumpkin, who suffered from dementia, was admitted to the picayune convalescent center, a nursing home. because of her mental condition, her daughter, beverly mcdaniel, signed the admissions agreement. it included a clause requiring the par- ties to submit any dispute to arbitration. after lumpkin left the center two years later, she filed a suit against picayune to recover damages for mistreatment and malpractice. [covenant health & rehabilitation of picayune, lp v. lumpkin, 23 so.2d 1092 (miss. app. 2009)] (see page 91.) 1. is it ethical for this dispute—involving negligent medical care, not a breach of a commercial contract—to be forced into arbitration? why or why not? discuss whether medical facilities should be able to impose arbitration when there is generally no bargaining over such terms.

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Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?