ACCA LW Eng Syllabus D. The Formation And Constitution Of Business Organisations - Analyse The Liability Of Various Partners For Partnership Debts - Notes 4 / 5
You're only liable while you're actually a partner
So make sure you tell everyone when you leave (or advertise your departure in the London Gazette)
If you don't then you may still be liable for partnership debts after you leave
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Syllabus D. The Formation And Constitution Of Business Organisations
D2. Partnerships
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Explain The Termination Of A Partnership
Syllabus D. The Formation And Constitution Of Business Organisations
D2. Partnerships