Moving to another question will save this response * Question 8 1 A new partner joins a partnership. The partnership has pre-existing debt. Is the new partner liable on this pre-existing debt? a. It depends on whether the partners are personally liable on the pre-existing debt, or if only the partnership is liable. b. Yes. Partners share all profits and all losses and all liabilities, including all debt, equally. c. It depends on the kind of debt that is pre-existing d. No. But the new partner may be asked to share in this debt as a pre-condition of becoming a new partner