So you want people who sell a business to be open to liability for things that the new owner does? Don't you see what kind of negative consequences that would have?

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0xbadcafebee 2 days ago | parent [-]

I meant to hold the seller liable if they do not follow a due diligence process. But actually the liability you mean also exists. The two are called direct liability and vicarious liability.

	▲	weird-eye-issue 2 days ago \| parent [-]
		I'm not sure what kind of due diligence you think would have prevented this that couldn't have been easily circumvented by the buyer just simply lying about their intentions. This is such a typical knee-jerk reaction that results in policies that harm the average person but do not actually reduce fraud or crime.