Preetha's Attempt to Hold the Shareholders Primarily Liable for Her

Multiple Choice

Preetha's attempt to hold the shareholders primarily liable for her debt is likely to have what result?

A) She will likely be successful.
B) She will likely be unsuccessful.
C) She will be successful only if XYZ Corporation is insolvent and remains so for at least six months.
D) She will be successful only if XYZ Corporation proceeds to file for bankruptcy protection.
E) She will be successful only if XYZ Corporation is insolvent and remains so for at least one year.