Fact Pattern 16-2 Bryn,Cornell,and Duke Are General Partners in Equity Lending,a Consumer Credit,mortgage,and

question 71

Multiple Choice

Fact Pattern 16-2
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 16-2.Cornell's assignment of his interest in Equity Lending to Financial Consultants Corporation results in​

• A)nothing with respect to Cornell or Equity Lending.
• B)the automatic termination of Equity Lending's legal existence.
• C)Cornell's liability for all of Equity Lending's debts.
• D)Cornell's wrongful dissociation and liability for any damages.

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Definitions:

Hemispheric Specialization

The concept that each hemisphere of the brain is specialized for certain functions, such as language in the left hemisphere and spatial abilities in the right.

Cerebral Cortex

The outer layer of neural tissue of the cerebrum of the brain, involved in higher brain functions such as thought, language, and memory.

Limbic System

A complex system of nerves and networks in the brain, involving several areas near the edge of the cortex concerned with instinct and mood. It controls the basic emotions (fear, pleasure, anger) and drives (hunger, sex, dominance, care of offspring).

Cingulate Cortex

A part of the brain situated in the medial aspect of the cerebral cortex, involved in emotional processing, learning, and memory.