Which of the Following Statements Is True of the Liability

Multiple Choice

Which of the following statements is true of the liability of investors in a corporation?

A) Majority investors are personally liable, whereas minority investors are not personally liable.
B) Investors have personal liability for the business transactions in corporations.
C) Investor's liability is limited to the amount invested in the corporation.
D) Investors are personally liable for transactions, whereas their property is not liable.
E) Investors' property is liable for the business transactions but investors are not personally liable.