With no explanation, chose the best option from "A", "B", "C" or "D". management of the company without becoming personally liable for the entity’s debt. Id. [¶ 11] Although a majority of members and owners of the M.A.H.D. Group could take action on its behalf to render it liable for its debt, see N.D.C.C. § 10-32-42, there is a difference between the company itself being hable for its debt and individual owners of the company being personally liable for its debt. Under N.D.C.C. § 10-32-29 and the articles of organization of the M.A.H.D. Group, owners and members of the limited liability company generally are not, merely because of that status, personally liable for a judgment, decree or order of a court, or in any other manner for a debt, obligation or liability of the company. See Water, Waste & Land, Inc. v. Lanham, 955 P.2d 997, 1001-04 (Colo.1998) (<HOLDING>). [¶ 12] Moreover, the operating agreement for

A: holding that liability to the insured for acts or contracts of an insurance agent within the scope of his agency with a full disclosure of the principal rests on the company
B: holding that statements of a company vice president were admissible against the principal owner of the company under fedrevid 801d2d as an admission made by the partys agent or servant concerning a matter within the scope of the agency or employment
C: holding owner of company qualified as an employer due to inter alia his authority to hire and fire employees and overall financial control of company
D: holding owner of limited liability company may be personally liable to third party if owner acts as agent for company and fails to disclose existence and identity of principal
D.