No, no, and no. Scamming is bad enough as it is. Loansharking is bad enough as it is, the last thing on earth ecc needs is a new way for people to try to shift personal responsibility off of themselves for crummy or negligent actions. These are parts of the real world I do not want reflected on ecc. Without this circus we already managed to have our own lil Bernie Madoff.

Kittens, though, are cool by me.

 

Problems. Lots of problems. Too many problems.

Alrighty, so first of all, feasibility: how exactly do we make this LLC into it's own separate entity? How do we create an entirely different bank account for this new LLC and have that bank account be able to make money transfers? And how do we register certain assets that can only be owned by players to the LLC (Town, tools, ect.)

Now, let's pretend feasibility of this is off the table. My second concern is fraudulent activity, like @oootopia's pointed out. Naturally, the owners of the LLC have limited liability when it comes to being liable for the debts and liabilities of the said company. On ECC, this essentially gives these users a free-pass when it comes to scamming. Say I opened LLC A and borrowed $1,000,000 and never paid that money back - I wouldn't be liable for those overdue debts, as well, it's a LLC. This literally opens the doors to abuse by player's with ill-intentions.

I don't see a need for such a complex type of corporation on ECC anyways or how creating a new set of rules relating to corporate law will benefit ECC. My personal view is that these so-called "companies" on ECC should never be an actual entity, but instead a brand name a group of players go off of. There's simply far too many issues with incorporating a company on ECC.

Let's remember that this is a MC server. Even if we're trying to simulate an economy, at the end of the day, absolute realism like this isn't really feasible.

 

-1 would result in so many scams

 

-1 Too complicated

 

That's what Platnum Insurance is for ;)

 

LLC's in IRL have a purpose. They provide limited responsibility to bushiness owners. Thus if something goes wrong and the business goes bankrupt or gets sued the owner won't go bankrupt. Instead the company will go bankrupt. In addition to a form of protection from uncontrollable events and arbitrary lawsuits. This, in theory, promotes business because people won't be as afraid to create their own business.

On ECC an LLC has no purpose. None whatsoever. You don't have the costs and responsibilities and IRL company has. You don't have to worry about John stubbing his toe in your store and suing you for all you're worth. And it's super easy to start a business with no risk. Click forums hit post and add a catchy slogan if you so desire.

All this would do is absolve people of responsibly for their own actions for no reason. It would also be abused by scammers.
-1.

 

/summon Pig ~ ~1 ~ {Saddle:1,ArmorItems:[{},{},{id:elytra,Count:1},{}]}

flying pigs exist, dude. (though this was in a snapshot, no idea if it still works.)

 

This is the internet, FYI :p And I hate kittens

 

This just isn't practical. All I can see is this opening the door to scamming and other fraud. If you'd like to start a business you can do so at the full liability.

Denied