Limiting liability is almost the main reason companies exist. See Companies Act 2006 s3.
Adam Smith hated the concept of limited liability and thought it would eventually destabilise capitalism. Karl Marx was in favour - for the same reason.
@t.o. started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
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Limiting liability is almost the main reason companies exist. See Companies Act 2006 s3.