entity · derived
Limited liability
Derived node: assembled mechanically from the claims carrying limited-liability. A roster, not an adjudicated definition.
Every claim under this term
- 1558614-013 : Limited liability lets managers and shareholders capture most of the benefits of excessive risk taking while not bearing all of its costs, which is one explanation for why bankers take excessive risk.
- 3652481-002 : A jurisdiction is only truly favorable to DAOs if it grants the DAO limited liability as an entity and accepts its independent status without requiring any representative in that jurisdiction.
- 3652481-024 : Because consumer protection is a core mandate of any legislature, legislatures are unlikely to surrender control and jurisdiction over a DAO, which would mean no legal recourse and no ability to sue i
- 3799320-004 : Only a jurisdiction that grants a DAO limited liability as an entity and accepts its independent status without requiring representation can be truly favorable to DAO concepts.
- 5886342-035 : Internal liability among DAO members is capped: members are liable towards each other only up to the amount of their agreed contributions, unless the DAO Agreement stipulates otherwise.