Limited liability in the corporate business structure means creditors can seize only some of the corporation's assets.

Name: Limited liability in the corporate business structure means creditors can seize only some of the corporation's assets.
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Limited liability means that the shareholders' personal assets are protected from being used to satisfy the corporation's debts and liabilities; creditors can only go after the corporation's assets, not the personal assets of its shareholders.

Limited Liability in the Corporate Business Structure Means Creditors Can