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Question $6$

$1$ Point

Seven college friends decide to incorporate a limited liability company. The company's financial position steadily deteriorates and it soon becomes unable to pay its debts. In total. the company owes its creditors $$500\mathrm{.}000\mathrm{.}00$ but has assets of only $$10,000\mathrm{.}00.$ What can the creditors do$?$

Seize the assets of the company

Seize the assels of the managers of the company

Seize the assets of the directors of the company. for

Selze the assets of both the company and its owners

$11/30/23.11$:$35$ AM $($EST$)$

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