> If this is allowed to sit, then any small/medium tech company could promise the world to their customers, then just "sell" the company to a family member with

> If this is allowed to sit, then any small/medium tech company could promise the world to their customers, then just "sell" the company to a family member without the "liabilities" and there would be no recourse. Yes, this is very likely the outcome. It will just be another perk in the consequence-free world of corporate governance.