Multiple Choice
Fact Pattern 37-1B (Questions B10-B13 apply)
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 37-1B. Bryn's dissociation from the firm results in
A) the automatic termination of the firm's legal existence.
B) the partnership's buyout of Bryn's interest in the firm.
C) the immediate maturity of all partnership debts.
D) Bryn's purchase of her interest in the partnership from the firm.
Correct Answer:

Verified
Correct Answer:
Verified
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