The 'two rivers' of the name referred to the Tigris and the Euphrates rivers and the land was known as 'Al-Jazirah' (the island) by the Arabs referencing what Egyptologist J.H. Breasted would later call the Fertile Crescent, where Mesopotamian civilization began.
All partners are limited from personal liability in certain situations.
They were quite successful in protecting those inside.
Hope this helps:)
