Question

The company and all of ____ assets were released to creditors.
A. it's B. its' C. its

Answer 1

I believe c is the answer because the word it's is saying it is

Answer 2

The correct answer is C: Its

Step-by-step explanation:

The word 'its' is commonly known as a possesive pronoun in grammar. It is also a determiner. It shows relation to something that has already been mentioned in the sentence.

In this case, all of the assets are in possession of the company, who will released them to the creditors.