Which of the Following Statements Is Correct with Respect to Unlimited

Multiple Choice

Which of the following statements is correct with respect to unlimited liability?

A) This means the partner can lose what he has invested but no more.
B) Only the partner's share of the partnership assets can be used to satisfy the debt incurred by another partner.
C) The partner cannot only lose what he has invested but can also be required to pay an additional amount equal to what he has invested.
D) Each partner can be held responsible for the debts of the partnership no matter how great they are.
E) If there are two partners, each partner can be held responsible for an amount equal to but no more than one half of the debts of the partnership.