How does the concept of limited liability assist big companies to exist in a country?
Answers
Slumlord
If a little kid breaks their neck slipping on ice outside a stand you have in the middle of nowhere, they are limited to suing for the assets of the stand which was held in a LLC. IE you can't easily drive a billion dollar company into bankruptcy over a mistake one careless employee made somewhere.
Ninefinger is a Pedophile
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danxp2
They can form smaller local subsidiaries, so the negligence of places in LA do not bankrupt operations across the entire country.
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