Joe Smith Owns a Bookstore as the Sole Proprietor

Joe Smith owns a bookstore as the sole proprietor.He is also a partner in a hotel,which borrowed $100 000 from the bank.Which of the following statements is true?

A) Because of the concept of limited liability, he can lose only what he has invested in the hotel.
B) The bookstore assets will only be available to the bank if the bookstore is operated by Smith in conjunction with the hotel.
C) The bank can look to the assets of the bookstore to pay off the debt.
D) The bank can only go after the assets of the bookstore if Smith was the actual person who negotiated the loan with the bank.
E) Although the bank can go after Smith's personal assets, they cannot go after the assets of the bookstore because the book store is a separate legal entity from Smith.