As far as the Inc company is concerned, the stockholders, directors and officers are not questionable for the debts and other obligations of the company. Ltd companies do not have these same rules.
Read more: Difference Between Inc and Ltd | Difference Between | Inc vs Ltd http://www.differencebetween.net/business/difference-between-inc-and-ltd/#ixzz2QpsL7zQ2
Printed copy · Anthology Volume 4, page 649Printed copy from The Tender For Law Anthology, Volume 4, page 649 (printed 13 June 2014). Added by this site; not part of the Facebook export.