Comment by Retric
2 days ago
Selling anything takes on unbounded risk for limited gain. That’s why the limited liability company exists.
Risk becomes bound to the total value of the company and you can start acting rationally.
2 days ago
Selling anything takes on unbounded risk for limited gain. That’s why the limited liability company exists.
Risk becomes bound to the total value of the company and you can start acting rationally.
Historically it's the other way around - limited liability for corporations let juries feel free to award absurdly high judgments against them.