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Right. Sell it and somehow you have no responsibility.
by moi2388 4y ago
Right. Sell it and somehow you have no responsibility.
- dahart 4y agoThat’s a bit of a straw man, why are we adding even more exaggeration? The company has the responsibility to honor its contracts before and after a sale, legally. The relationship sounds more complicated for the article at the top, but since this sub thread detoured into abstract generalizations, and we’re now talking about responsibility categorically, a change of ownership of a company is transparent to the company’s legal responsibilities to its customers and contracts. And yes, that’s what a sale legally means for the previous owner, generally speaking. They are transferring all control, profits, obligations, and debts to the new owner. It would be bad if that weren’t the case, because then company owners could weasel out of the company obligations by blaming someone else who no longer has any control.