If you take part in a partnership you are individually liable for the debts of the corporation.

如果你加入了合伙制企业,个人需要为企业的债务承担责任

耶鲁公开课 - 金融市场课程节选

A corporation is an entity that could be sued or could lose more money than it's worth, but the value of a corporation can never fall below zero to the investors because the investors are not liable for the mistakes of the corporation.

公司是一个实体,它可能被起诉,或者亏损额超过了自身的价值,但是对于投资者而言,公司的价值永远不会小于零,因为投资者对公司的过失,不负有责任

耶鲁公开课 - 金融市场课程节选