Now here's what would happen in the real world: You sue Acme and they dissolve the corporation, all their assets vanishing through the magic of bookkeeping. The principals take their ill gotten gains and set up another corporation and do the same thing. Repeat until you go broke suing them and getting nothing or they have too much money to bother perpetuating the scam.
Excellent reply. That does happen and often, particularly in the vitamin industry or construction.
How does the market cope?
In the vitamin industry you have several independent sources evaluating vitamin content and testing for consumers. Look them up on the internet. You don’t have to blind buy.
In the construction industry having a license indicates nothing at all. To become a “licensed and bonded” contractor costs as little as $300.00. It is a highly regulated industry that is full of crooks.
How does the market cope?
People seek out recommendations or pick from narrow affiliations like the National Association of the Remodeling Industry (NARI).
What too many conservatives have forgotten is that humanity is messy. Through government schooling we’ve been trained to believe that government can solve our problems.
Nothing human is perfect. Seeking perfection is Utopian and liberal. It is nonsense to pretend that Caveat Emptor isn’t real.
If you don’t do your due diligence it is your problem in a government regulated market or not. The goal of conservatism is to conserve individual liberty, nothing more.