Even in partnership, there`s limited liability up to extent of profit sharing/income invested in the firm. Next partner i.e his wife, bank can claim up to % of holding of his in partnership and not against from wife in the capacity of 2nd partner.
1. Is the married daughter who lives aboard liable for the repayment of the loan after the demise of her mother our of her own ( Daughter ) earnings -- Children has no liability to repay father`s debt. Such liability occurs only in inherited property, from which bank can seek recovery and not from self acquired of child/spouse.
2. What will be the liability of the spouse who is a house wife and has no means of any earning. - Same rule will apply as follow in child.