alt Hacker NewsGood point. CEOs of companies are often held personally accountable for corporate malfeasance by "the current legal framework".
Good point. CEOs of companies are often held personally accountable for corporate malfeasance by "the current legal framework".
I understand your sarcasm but that’s what the limited in LLC is for.
Unbounded liability means nobody starts a business, or they do it under the table without responsibility or taxes.
Turns out we want successful private businesses much more than we want to hold a few nasty CEOs accountable.