Explain why it is somewhat misleading to assert that the corporate form provides limited liability for its

Question:

Explain why it is somewhat misleading to assert that the corporate form provides limited liability for its owners, whereas the form saddles its owners with unlimited liability.

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...