3 ms·
The thing that lets executives escape their crimes is called incorporation, or limited liability.
by golemotron 10y ago
The thing that lets executives escape their crimes is called incorporation, or limited liability.
- Noseshine 10y agoThat invention is a very good mechanism - and it was/is for "money risk", not for crimes. I can't fathom how you can equate business venture failure with crime.
- tomp 10y agoYou're misinformed, malicious or stupid. (1) limited liability doesn't protect executives, but investors. (2) limited liability only limits financial liability, not criminal liability.
- deleted 10y ago[deleted]