4 ms·
> ie: if your company does something "bad" In most jurisdictions, if you have control of a company (e.g. as the majority shareholder and director), and the com
by manarth 10y ago
> ie: if your company does something "bad"
In most jurisdictions, if you have control of a company (e.g. as the majority shareholder and director), and the company does something "bad" to the extent that it's illegal, the liability protection can be waived. Selling a self-driving car, in the knowledge that its behaviour is inadequate and would cause harm, may well result in loss of liability protection.
In short, insolvency is generally protected, but "bad things" often have less protection.
- st3v3r 10y agoYeah, but in practice, it almost never happens.