Limited liability means that_____.A. the company is required to pay only current

Limited liability means that_____.A. the company is required to pay only current liabilities in thecurrent year and has no obligation to pay long term liabilities inthe current yearB. corporations can have liabilities up to only a certain amountdue to limits on the companys borrowing capabilityC. the creditors of the corporation have claims on only the assetsof the corporation and not the assets of the owners of thecorporationD. the creditors of a corporation can receive only up to and nomore than the amount due to them