Even though individuals in a partnership maintain joint liability for the partnership’s affairs, under the concept of ___, a partner who commits a wrong can be required to pay back the other partner for damages paid by the partnership.

Based on what you’ve learned so far, why would two parties submit to alternative dispute resolution rather than go to court?  Provide at least two reasons, and describe them in detail. Response must be at least 40 words in length (3-4 strong sentences) for full credit.  Use complete sentences and proper capitalization for full credit.  Don’t stress about perfect spelling or grammar.

Commercial Credit & Finance is a limited partner-ship. Derry, Eleni, and Frey are the general partners. Derry dies. The partnership​ ___

Match the correct definition and term.  Not all terms will be used.

Match the correct definition and term related to damages.

Ross, a research manager for Stock & Bond Investments, Inc., adheres to utilitarian ethics. Ross will determine that an action is morally correct when it produces the greatest good for​ ___.

If a buyer breaches a contract, the seller can simply cancel the contract.​

Global Outfitters Outlet and Holly, a consumer, enter into a contract for a sale of camping gear. If the contract includes a clause that is perceived as very unfair to Holly, its enforcement may be challenged under​ ___.

The North Carolina state legislature enacts a law that violates the U.S. Constitution. This law can be enforced by​ ___.

A contract entered into under undue influence is not voidable.​