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.

Question

Quizplus · Accepted Answer

Cornell's assignment of his interest in Equity Lending to another party, such as Financial Consultants Corporation, can be considered a wrongful dissociation if it violates the terms of any agreement or the nature of the partnership, leading to potential liability for damages caused by the dissociation.

Cornell's Assignment of His Interest in Equity Lending to Financial