Pa3.
lo 2.1just beachy is a retail business located on the coast of florida where it sells a variety of beach apparel, t-shirts, and beach-related souvenir items. they purchase all of their inventory from wholesalers and distributors. for the year ending december 31, 2017, they reported these revenues and expenses. using this information, prepare an income statement for just beachy for 2017.

Nellie lumpkin, who suffered from dementia, was admitted to the picayune convalescent center, a nursing home. because of her mental condition, her daughter, beverly mcdaniel, signed the admissions agreement. it included a clause requiring the par- ties to submit any dispute to arbitration. after lumpkin left the center two years later, she filed a suit against picayune to recover damages for mistreatment and malpractice. [covenant health & rehabilitation of picayune, lp v. lumpkin, 23 so.2d 1092 (miss. app. 2009)] (see page 91.) 1. is it ethical for this dispute—involving negligent medical care, not a breach of a commercial contract—to be forced into arbitration? why or why not? discuss whether medical facilities should be able to impose arbitration when there is generally no bargaining over such terms.