Re: How do you calm down the hot-heads?

From: Robbie Lindauer (robblin@thetip.org)
Date: Fri Sep 12 2003 - 11:59:09 MDT

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    On Friday, September 12, 2003, at 10:36 AM, Steve Davies wrote:

    > Exactly right IMO. Limited liability can arise (and has) through the
    > mechanisms of contract, without any resort to legislation.

    It's obviously FALSE that LLC's have arisen without resort to
    legislation. LLC's have different legal dispositions in different
    states and their ability to deflect legal responsibility from their
    owners differs from state-to-state to. The law is very specific about
    what kinds of things and LLC can and can not do.

    It's likely false that they COULD. It's possible that you could write
    a contract (without the backing of a government) that would "in theory"
    limit your liability, it wouldn't ACTUALLY limit your liability because
    without the government to INSIST that your liability is limited, the
    victims of the companies "ERRORS" would come after you with pitchforks
    (assuming they could find out who you were and what you'd done "by
    proxy").

    Best,

    Robbie

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