Dawn was properly admitted as a partner in the ABC Partnership after purchasing Jim's partnership interest. Jim immediately withdrew. The partnership agreement states that the partnership will continue on the withdrawal or admission of a partner. Unless the partners otherwise agree,

A. Dawn's personal liability for existing partnership debts will be limited to Dawn's interest in partnership property.
B. Jim will automatically be released from personal liability for partnership debts incurred before Dawn's admission.
C. Jim will be permitted to recover from the other partners the full amount that Jim paid on account of partnership debts incurred before Dawn's admission.
D. Dawn will be subjected to unlimited personal liability for partnership debts incurred before being admitted.

Answer: A. Dawn's personal liability for existing partnership debts will be limited to Dawn's interest in partnership property.