Business Law: The Ethical, Global and E-Commerce Environment New York law required that every taxicab company carry $10,000 of accident liability…

Business Law: The Ethical, Global and E-Commerce Environment

New York law required that every taxicab company carry $10,000 of accident liability insurance for each cab in its fleet. The purpose of the law was to en- sure that passengers and pedestrians injured by cabs operated by these companies would be adequately compensated for their injuries.  if James establishes many subsidiary companies and one of the taxi cabs in the established companies injures someone, can he be sued individually?

 

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