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Rozi, Aiman and Isa are partners of RAI & Associates. RAI had taken out an RM200,000 loanfrom Bank Bulan Bhd. A year later, Isa retired
Rozi, Aiman and Isa are partners of RAI & Associates. RAI had taken out an RM200,000 loanfrom Bank Bulan Bhd. A year later, Isa retired from the partnership. At the same time, Zakjoined RAI as a new partner. Recently, Bank Bulan Bhd. sent a letter of demand for therepaymentof the RM200,000 loan.
Based on the facts above, determine whether Isa and Zak are also liable to the claim made byBank Bulan Bhd. Support your answer with one (1) statutory provision and two (2) caseauthoritiesrelating to thelaw of partnership
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