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When a new partner is admitted to an existing partnership to replace an outgoing partner, the liability of the newly admitted partner for existing partnership
When a new partner is admitted to an existing partnership to replace an outgoing partner, the liability of the newly admitted partner for existing partnership debts is:
(A) normally limited to the amount of his or her capital contribution to the partnership
(B) normally unlimited, and the newly admitted partner's personal property may be seized to satisfy the existing debts
(C) joint and several, as well as personal
(D) limited to whatever liability the outgoing partner had
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