Corporations stockholders not liable for debts

The corporation’s stockholders are not personally liable for the debts of firm since: (1) The Corporation is considered as a legal person, separate from its owner. (2) Usually there are too many stockholders to try to hold them all accountable. (3) In a corporation there is limitless liability of the owners. (4) None of the above.

Can someone please help me in finding out the accurate answer from the above options.

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