Josh, Gladys, Rosie and Russell are accountants working together in a limited liability company called "JGRR Accounting LLC". Each of the members of the LLC made a $50,000 capital contribution. Rosie and Russell work together to conduct an audit of Martin Communications, Inc. and as senior partner Rosie signed an audit report stating that the financial records of the company fairly depicted the financial condition of the corporation. In fact Rosie and Russell and their audit team failed to identify several internal control deficiencies, multiple instances where inventory was dramatically overstated and fraud on the part of the chief financial officer. Dave is a shareholder in Martin Communications, Inc. and obtains a judgment for professional negligence against Rosie, Russell and JGRR Accounting LLC in the amount of $1,000,000. JGRR Accounting LLC has only $250,000 in assets and the members vote to dissolve. What will be the result?

	A.	Dave will be able to recover $250,000 from JGRR Accounting LLC, but will be denied recovery from all individual members of the LLC because the limited liability company business form provides liability protection.
	B.	Dave will be denied recovery from JGRR Accounting, LLC because the limited liability company business form provides liability protection.
	C.	Dave will be able to recover $250,000 from JGRR Accounting LLC and the balance of $750,000 from all 4 members of the LLC. All partners will lose their capital contribution.
	D.	Dave will be able to recover $250,000 from JGRR Accounting LLC and the balance of $750,000 from Rosie and Russell. All partners will lose their capital contribution.