Step 1: Cross product
Components: $i: 1\cdot0 - 2\cdot(-4) = 8$; $j: -(2\cdot0 - 2\cdot3) = 6$; $k: 2(-4) - 1\cdot3 = -11$.
Step 2: Collinearity
The origin, $(4,3,c)$ and the direction $(8,6,-11)$ are on one line, so $\frac{4}{8} = \frac{3}{6} = \frac{c}{-11}$ giving $c = -\frac{11}{2}$.
Step 3: Equation
Using $(4,3,-\frac{11}2)$ as the point gives option (C).
Final Answer:
Option C.
\[ \boxed{\text{(C)}\ \frac{x-4}{8}=\frac{y-3}{6}=\frac{z+\frac{11}{2}}{-11}} \]