Which of the Following Was the Result in Ralph T

Multiple Choice

Which of the following was the result in Ralph T. Leonard v. Jerry D. McMorris, the case in the text involving whether under the Colorado Wage Claim Act, company executives of a bankrupt company were liable to employees for unpaid wages and benefits?

A) That company executives are liable for wages, but not for benefits, and only if the company is bankrupt.

B) That company executives are liable for benefits, but not for wages, and only if the company is bankrupt.

C) That only if the company is bankrupt, company executives are liable for wages and benefits in an amount up to $5,000 per employee.

D) That only if the company is bankrupt, company executives are liable for wages and benefits in an amount up to $50,000 per executive to be allocated equally among employees.

E) That company executives are not individually liable for unpaid wages or benefits.