(a) A dispute arose between partners. The partnership agreement provided that if the parties were unable to...

Question:

(a) A dispute arose between partners. The agreement provided that if the parties were unable to agree on any matter, it would be submitted to arbitration. One partner filed suit asking a court to appoint a receiver for the business. The other insisted on arbitration.
How will the dispute be resolved? Why?
(b) What impact does the FAA have on state laws that prefer the litigation process to arbitration? Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...