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Cabrillo is a limited partner in the Ferrell Limited Partnership. When Cabrillo joined the firm, she put in $10,000 as a capital contribution. During the past year, she got involved in the management of Ferrell partnership. A client, who knew of Cabrillo’s involvement in managing Ferrell, was severely injured when an employee of Ferrell negligently dropped a steel beam on the client. The client brought suit against Ferrell Limited Partnership and all of its partners. What is Cabrillo’s potential liability? A. Unlimited personal liability. B. None, unless it can be shown that Cabrillo was personally supervising the employee. C. $10,000 because Cabrillo is a limited partner. D. None because Cabrillo is a limited partner. |