Jenae, a Principal in Maryville Corporation, Makes a Personal Guaranty

Jenae, a principal in Maryville Corporation, makes a personal guaranty of a $100, 000 loan for Maryville Corporation. Maryville Corporation defaults on the loan with a balance of $85,000. The total assets of Maryville Corporation are $50,000. Which statement below is correct?

A) Jenae will be personally responsible for the balance of $85,000.
B) Jenae will be personally responsible for the entire loan of $100,000.
C) Jenae and Maryville Corporation will split the loan responsibility in half, leaving each entity owing $42, 500.
D) Jenae will be personally responsible for $35,000.