XYZ Innovations $($Pty$)$ Ltd$.$ is a tech startup founded by John and Sarah, who are childhood friends. The company specializes in developing cutting$-$edge software solutions for various industries. Over the years, the company has grown rapidly and attracted investors due to its innovative products. However, recently, XYZ Innovations $($Pty$)$ Ltd$.$ has been facing financial difficulties, and there have been disagreements between the founders regarding the company's future.

$1\mathrm{.}1$ Assess whether John and Sarah$$s personal assets are at risk due to the company's financial troubles and if they can be held personally liable for its debts.