• hglman@lemmy.ml
    link
    fedilink
    English
    arrow-up
    2
    ·
    5 months ago

    It’s literally the point of a corporation, to shield owners from responsibility.

    • karlhungus@lemmy.ca
      link
      fedilink
      arrow-up
      2
      ·
      5 months ago

      Point of a corporation is to make money. Point of a “limited liability company” is to prevent losses on the company side from financially damaging the owners. LLC’s do not (and should not) protect owners from criminal acts.