Which of the following roles in a business typically does not carry personal liability for judgments against the company?

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The role of a limited partner in a partnership is structured so that they do not have personal liability for the debts and obligations of the business beyond their investment in the partnership. This is a significant benefit of being a limited partner, as it protects their personal assets from claims made against the partnership.

In contrast, an owner in a sole proprietorship typically bears personal liability for all the business's debts and obligations, meaning their personal assets can be pursued to satisfy business debts.

Similarly, a corporation shareholder generally has protection from personal liability for the company’s debts, but this protection can sometimes be pierced in cases of fraud or other illegal activities.

The CEO of a major corporation can be held personally liable for their actions in the context of their role, particularly if they engage in misconduct. Thus, the limited partner's protected status from personal liability clearly distinguishes this role as one that typically does not carry such responsibilities.

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