Fact Pattern 32-1
Brad, Carlos, and Dora are general partners in Eastside Physicians, a medical clinic.
-Refer to Fact Pattern 32-1. 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.

Question

Fact Pattern 32-1 
Brad, Carlos, and Dora are general partners in Eastside Physicians, a medical clinic.
-Refer to Fact Pattern 32-1. 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.

Quizplus · Accepted Answer

The Answer of Fact Pattern 32-1 
Brad, Carlos, and Dora are general partners in Eastside Physicians, a medical clinic.
-Refer to Fact Pattern 32-1. 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.