Chromebooks provide separate logins for personal and Workspace/GSuite accounts.
As for what happens if your Chromebook is stolen and you've not selected the option to lock it when the lid is closed, Workspace/GSuite accounts can be remote wiped, personal ones cannot. Perhaps with the upcoming Workspace Individual plan, remote wiping of personal accounts will be possible too.
As for what happens if your Chromebook is stolen and you've not selected the option to lock it when the lid is closed, Workspace/GSuite accounts can be remote wiped, personal ones cannot. Perhaps with the upcoming Workspace Individual plan, remote wiping of personal accounts will be possible too.