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。

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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。

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This liability for fraud is not limited to personal injuries, but extends to property damage.

这种欺诈责任并不限于人身伤害，它还适用于财产损失。

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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.

FORBES: Self-Employment

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.

FORBES: Bring Your Own Device: Dealing With Trust and Liability Issues