To an Entrepreneur, the Problem with Using the Closely Held

To an entrepreneur, the problem with using the closely held corporation form of business is__________.

A) lenders will still require personal guarantees on start-up capital, thus increasing the liability of the owner
B) the high cost of maintaining compliance with disclosure regulations
C) lenders will still require personal guarantees on start-up capital, thus reducing the liability of the owner
D) the difficulty in finding limited partners that want to assume responsibility for the venture
E) None of the answers apply.