If a Sole Proprietor Is Forced to Liquidate and Business

If a sole proprietor is forced to liquidate and business debts exceed business assets,

A) the maximum liability of the proprietor is limited to the amount invested in the business
B) the proprietor's business assets and only the financial portion of personal assets can be taken to cover business debts
C) the proprietor has no liability for any of the business debts
D) the proprietor's business and personal assets can be taken to cover business debts
E) only the proprietor's profit from the business can be used to cover business debts