Stockholders have unlimited liability, since there is no personal obligation of a stockholder for the debts of the corporation.

Name: Stockholders have unlimited liability, since there is no personal obligation of a stockholder for the debts of the corporation.
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Stockholders have limited liability, meaning they are only responsible for the amount of their investment in the corporation and not personally liable for the corporation's debts.

Stockholders Have Unlimited Liability, Since There Is No Personal Obligation