2 ms·
Definitely. The act of incorportation has one goal: to abstract away risk and liability. Human people controlling the company will not be held liable for their
by superkuh 4y ago
Definitely. The act of incorportation has one goal: to abstract away risk and liability. Human people controlling the company will not be held liable for their actions or debts. But this comes with the trade-off of having to accept regulations.
If you want to have full control over your property then do not incorporate and give the property to the corporate person. I can block links to mastadon on my truly private (ie, owned by a human person) website without consequence. "Private" corporate persons have more regulatory burdens for obvious reasons.