Dorothy drury suffered from dementia and chronic confusion. when she became unable to manage her own affairs, including decisions about medical and financial matters, her son eddie arranged for her to move to an assisted-living facility. during admission, she signed a residency agreement, which included an arbitration clause. after she sustained injuries in a fall at the facility, a suit was filed to recover damages. the facility asked the court to compel arbitration. was dorothy bound to the residency agreement?

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.