Multiple Choice
Fact Pattern 27-1
Brad, Carlos, and Dora are general partners in Eastside Physicians, a medical clinic.
-Refer to Fact Pattern 27-1. Brad, Carlos, and Dora decide to admit Faisal as a new partner in Eastside Physicians. Faisal's liability for partnership debts incurred before his admission is
A) limited to his capital contribution to the firm.
B) limited to his personal assets.
C) nothing.
D) unlimited.
Correct Answer:
Verified
Correct Answer:
Verified
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