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Quote by: lsbskins1  But, the law will stop future abuse. If ABC Corp faces no punishment, what stops them from "reorganizing", opening up shop as "Best Toys" and doing the same thing all over again. The law waits on one instance to stop and prevents future harm, while stopping purchases must respond to each and every instance and allows the practice to continue. Regulation is more efficent and protects the consumer better and is simply a faster way for the consumer to dictate market action, as it is his purpose and right to do. |
Regardless if it's legal to sale lead paint on toys, the consumers who buy those lead paint toys are going to sue the pants off of ABC when their kids get sick from them.
Lawsuit settlements or judgements coupled with massive consumer distrust of ABC = ABC rockets to bankruptcy.
Now, since ABC was a corporation, our corporate law allows the investors of ABC to walk away from ABC's demise.