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So basically if I get out of the store not paying I'm going to jail, but big companies when doing crime, they promise they will behave for five years, and then
by p0w3n3d 2y ago
So basically if I get out of the store not paying I'm going to jail, but big companies when doing crime, they promise they will behave for five years, and then go on, but more openly? And what about people who were victims?
- permo-w 2y agonot just big companies. Limited liability is a powerful thing
- throwaway48476 2y agoThat's not what limited liability is. The point of limited liability is that the investors aren't responsible for the debt if the company goes bankrupt. What is happening here is impunity.
- permo-w 2y agolimited liability is the concept that a business is an entity with its own legal status separate from the people that run and own it. it extends beyond debt