Question: Barber Ltd . , where Robbie was a limited partner, sold land to Smith Co . Robbie was a minority shareholder and an officer /
Barber Ltd where Robbie was a limited partner, sold land to Smith Co Robbie was a minority shareholder and an officerdirector of the corporate general partnership. The agreed statement of facts explicitly stated they participated in the management solely in their capacities as directors and officers of the general partner. A clause in the sale agreement explicitly excludes liability for Robbie.
Based on your knowledge, do you believe Robbie took part in the management of the business
Provide reasons for your answer.
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