W Is an Entrepreneur

W is an entrepreneur.He owns numerous companies including Guns Corporation.He also serves as the corporation's chief financial officer.Because of bad publicity relating to assault weapons and fire arms in general, the corporation's sales suffered this year.As a result, W advanced $30,000 to the corporation.No note or other evidence of indebtedness was prepared relating to the advance.Subsequently, legislation was passed which put the corporation out of business and W's loan became worthless.

A) Assuming that the loan was to protect W's investment, he may treat the $30,000 as an ordinary loss.
B) Assuming that the loan was to protect W's employment, he may treat the $30,000 as a short term capital loss.
C) Assuming that the loan was to protect W's employment, he may treat the $30,000 as a business bad debt and deduct it to the extent of his capital gains plus $3,000.
D) Assuming that the loan was to protect W's employment, he may treat the $30,000 as a business bad debt and deduct it as an ordinary loss.
E) The treatment of the $30,000 will be the same regardless of W's motivation for the loan.