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by johnrgrace
1733 days ago
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Look at history, 150 years ago to be allowed to form a corporation you needed a legislature to pass an act after they believed that your enterprise was in the public good. Being able to form a limited liability company is a right granted by law and subject to limits. Not that people pay attention today but if you read your states laws there are limits to what corporation can do, be named, etc. |
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It is not a good idea to regulate all the time when in fact every regulation could effectively be a wall.