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The liability of the new partner in the firm:a)Commences from the date of his admissionb)Depends upon the terms of the partnership agreementc)Is for the pre-existing debts of the firm.d)All of the above.Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The liability of the new partner in the firm:a)Commences from the date of his admissionb)Depends upon the terms of the partnership agreementc)Is for the pre-existing debts of the firm.d)All of the above.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The liability of the new partner in the firm:a)Commences from the date of his admissionb)Depends upon the terms of the partnership agreementc)Is for the pre-existing debts of the firm.d)All of the above.Correct answer is option 'B'. Can you explain this answer?.

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