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This may be correct only in the sense that, without a government, there would be zero liability (instead of limited liability) for big companies. After all who
by coliveira 5y ago
This may be correct only in the sense that, without a government, there would be zero liability (instead of limited liability) for big companies. After all who could go against, for example, Microsoft if it decided to screw their customers and suppliers?
- nybble41 5y agoEven the largest companies are dependent on maintaining their reputations as organizations which uphold their ends of any agreements. A company which no one will contract with might as well not exist. They're not going to just turn outlaw and repudiate their liability as determined by a fair arbitration process; that would be tantamount to corporate suicide.