Limited Liability Quotes & Sayings

If I am so terribly limited as to view my handicaps as nothing more than lamentable limitations, then I have taken some of my greatest God-given assets and completely handicapped them. — Craig D. Lounsbrough

The limited liability corporation is the greatest single invention of modern times. — Nicholas Murray Butler

Corporations are created by the people, acting through their governments. We grant them corporate charters that confer certain legal rights and privileges, like the ability to enter into contracts, limited liability and perpetual life. — Jim McGovern

And what are the characteristics that evolved in humans? 'Life', certainly. But 'liberty'? There is no such thing in biology. Just like equality, rights and limited liability companies, liberty is something that people invented and that exists only in their imagination. From a biological viewpoint, it is meaningless to say that humans in democratic societies are free, whereas humans in dictatorships are unfree. — Yuval Noah Harari

Yet a personal God can become a grave liability. He can be a mere idol carved in our own image, a projection of our limited needs. fears and desires. We can assume that he loves what we love and hates what we hate, endorsing our prejudices instead of compelling us to transcend them. — Karen Armstrong

Just like equality, rights and limited liability companies, liberty is something that people invented and that exists only in their imagination. From — Yuval Noah Harari

Much of history revolves around this question: how does one convince millions of people to believe particular stories about gods, or nations, or limited liability companies? Yet when it succeeds, it gives Sapiens immense power, because it enables millions of strangers to cooperate and work towards common goals. Just try to imagine how difficult it would have been to create states, or churches, or legal systems if we could speak only about things that really exist, such as rivers, trees and lions. — Yuval Noah Harari

Peugeot belongs to a particular genre of legal fictions called 'limited liability companies'. The idea behind such companies is among humanity's most ingenious inventions. Homo sapiens lived for untold millennia without them. During most of recorded history property could be owned only by flesh-and-blood humans, the kind that stood on two legs and had big brains. — Yuval Noah Harari