A Partner Admitted as a Partner into an Existing Partnership

question 49

True/False

A partner admitted as a partner into an existing partnership has unlimited liability for all obligations of the partnership arising before such admission.

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Definitions:

Brain's Plasticity

The ability of the brain to change and adapt in structure and function in response to experience and new learning.

Teratogens

Agents or factors that can cause malformation of an embryo or fetus, including certain drugs, illnesses, and environmental exposures.

Rejects Foods

The act of refusing to eat specific food items, commonly observed in children but can occur at any age due to preferences, allergies, or other reasons.

Newborn

An infant that is in the initial period of life, typically up to a few months old, following birth.