Owners' liability
▼
is
is not
limited to the amount they invested in the firm, meaning that they may lose 100% of their investment but beyond that, will not also have to lose their home, car, savings, etc.. Stockholders
▼
are not
are
responsible for any encumbrances of the firm above and beyond the funds that the owners have already invested; in particular, they
▼
cannot
can
be required to pay back any debts incurred by the firm that cannot be repaid by the assets, etc., of the firm.