Final answer:
Corporations feature limited financial risk, separate legal entity status, and protection of personal assets, allowing owners to risk only their investment in stock.
Step-by-step explanation:
The form of business ownership that features limited financial risk is the corporation. Unlike sole proprietorships and partnerships, where personal assets may be at risk for business debts, a corporation is a separate legal entity that limits the financial liability of its owners. In a corporation, the shareholders' risk is typically confined to their investment in the company's stock. This structure also potentially allows broader access to capital through the sale of stocks and may provide an easier avenue for transferring ownership.