Limited liability means that the stockholders of a corporation share a personal liability for all debts of the corporation.

Name: Limited liability means that the stockholders of a corporation share a personal liability for all debts of the corporation.
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Limited liability means that the stockholders of a corporation are only liable for the company's debts up to the amount of their investment. Their personal assets are protected from being seized to pay off the company's debts.

Limited Liability Means That the Stockholders of a Corporation Share