4 ms·
It’s not flat, never has been, and you can measure by how many different legal jurisdictions (which cannot be measured by national borders alone) there are in t
by SllX 3y ago
It’s not flat, never has been, and you can measure by how many different legal jurisdictions (which cannot be measured by national borders alone) there are in the world how likely it is it ever will be.
Let me put it this way:
I don’t want Mississippi voters determining the laws of my State and Mississippi doesn’t want California voters determining the laws of Mississippi. When we do need to reach some kind of compromise, that’s what Congress is for, and you can measure what there’s room to compromise on by how much Congress gets done in a given session. That’s why we’re different. That’s sometimes inconvenient, but for most people most of the time those inconveniences never come up for them personally.
- ggm 3y agoContextually jurisdictional flatness meant USA. It's surprising to people in other federated states that these levels of business incorporating processes vary inside the sane polity. Reductionist "but the world is not flat" ignores how strange America is, French law Louisiana and all. Admittedly scots law is very different. I realise some other places have this but you don't hear of people moving a plc from London to Glasgow because of it.
- SllX 3y agoYeah, we’re a bunch of weirdos, but weird is not bad. There are good historical reasons for how we are, and not only has there not been a reason to proactively modify the status quo, even if we did, I suspect we would land on a similar arrangement as the present one, or choose to make no changes at all (which would then be called Congress being gridlocked, ineffective and inept by the hypothetical champions of any such reform).
- cma 3y agoI don't think you can judge by number of state jurisdictions at least, with regard to dealings if not incorporation itself, as almost all adopted the uniform commercial code. https://en.wikipedia.org/wiki/Uniform_Commercial_Code https://en.wikipedia.org/wiki/Uniform_Commercial_Code
- SllX 3y agoIf it comes up in court you never want to rely specifically on knowledge of the UCC at trial without studying up on the particulars of how it has been modified or amended in a particular jurisdiction. That’s a good way to lose a case or at least make your life more difficult than it needs to be. So despite the name, it’s not exactly uniform even where adopted. But yes, the actual processes tend to be very similar; you still need to do your due diligence on a per State basis where you intend to operate. Besides that, there may be other relevant laws governing your business that are outside the scope of the UCC.