Abraham Griffin Has Invested $ 800,000 in a Privately Held

Multiple Choice

Abraham Griffin has invested $ 800,000 in a privately held family corporation. The corporation does NOT do well and must declare bankruptcy. What amount does Griffin stand to lose?

A) up to his total investment of $ 800,000
B) zero
C) the $ 800,000 plus any personal assets the creditors demand
D) $ 400,000