limited personal liability

基本解释

Limited partnerships are created when the partners wish to limit their personal liability for the partnership.
当合伙人希望在合伙关系中限制他们的个人责任时，有限合伙就被创造出来了。
A stockholder has limited liability for corporation debts. He or she has no personal obligation for corporation liabilities.
股东对公司的债务付有限责任，他们对公司的负债没有个人偿还的义务。
Disregard of the corporate entity is to establish the system of personal independence in the company and shareholders, limited liability system based on.
公司法人格否认制度是建立在公司人格独立和股东有限责任制度基础之上的。

That or set up a dummy corporation with the word "monster" in the name, since you're basically guaranteed they'll spin their wheels serving a summons for merely existing. (Don't worry, you'll have limited personal liability.) You pick, whatever's easier.
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Note that while a limited partnership or a limited liability company theoretically limits personal liability for those who form it, there's less protection if you perform day-to-day operations or make decisions for the business.
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We have seen many large organizations decide that their liability on personal devices is limited to protecting corporate data, and that they are not liable for personal Web, app or other activity on those devices.
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