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In the corporate context, what does it mean to say that the shareholders have limited liability? What is the difference between straight voting and cumulative

In the corporate context, what does it mean to say that the shareholders have limited liability? What is the difference between straight voting and cumulative voting? What is the difference between a direct suit and a derivative suit? What are some examples of fundamental corporate changes? What significance does a change being "fundamental" have? Consider the following short case study. Alpha, Inc., after proper authorization by its shareholders, sold all of its assets to Beta, Inc. Charlie, an unpaid creditor of Alpha, Inc., sues Beta, arguing that Beta is liable on his contract with Alpha. Is Beta liable? Why

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