Assertion: close corporation's member | /r/HasAspect | limited liability
Facets:
Source sentences:
text: Partners can lose their personal assets to cover for the losses to their partnership firm but members in a corporation have a limited liability, and the corporation has to be responsible for the losses.
text: Members have limited liability
text: Members have limited liability.
text: It enjoys perpetual succession, and its members have limited liability.
text: The members of the corporation have limited liability.