Symmetry,Inc

Symmetry,Inc.is a general partnership with five partners.On July 1,James is admitted as a new general partner by investing a $200,000 capital contribution.As of July 1,Symmetry,Inc.owes $600,000 of preexisting debt.After James becomes a partner,the general partnership borrows $2 million of new debt.If the general partnership goes bankrupt,then James is ________.

A) personally liable for the preexisting debt of $600,000
B) personally liable for the unpaid debt of $2 million
C) not required to pay out his capital contribution toward the preexisting debt
D) not liable for any debt whether preexisting or borrowed after he joins the partnership