“If you ask a hundred lawyers whether a software system or a robot can buy a house or file a lawsuit, all of them would be likely to answer ‘no’. But because of the extreme flexibility of limited liability companies (LLCs) under US law, software and other artificial systems in fact can get basic legal personhood or at least a very close surrogate of it. That is, they can enter contracts, own property, sue, and be sued …” (more)
[Shawn Bayern, Oxford Business Law Blog, 4 November]
First posted 2019-11-04 06:10:07
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