What the OP reported was that a business fronted its way into a residential building (using AirBnB) to hold a commercial event in an un-sanctioned venue.
This is exactly why places like NYC have regulations of various types, of which a multitude are applicable.
It is incredibly inefficient economically to have consumers "due dilligence" every potentially manipulative market exchange with a limited liability c-corp. So, we can either ban limited liability c-corps outright (forcing liability onto biz owners) or we can allow them within a regulatory framework that forces "structured" liability onto them.
The idea that this is some kind of logical fallacy is hillarious. It is quite sound, and is in general acceptable trade-off. It allows capital concentration/formation which is required for MES projects, whist not allowing abuse of power driven by such scale variance.
What the OP reported was that a business fronted its way into a residential building (using AirBnB) to hold a commercial event in an un-sanctioned venue.
This is exactly why places like NYC have regulations of various types, of which a multitude are applicable.
It is incredibly inefficient economically to have consumers "due dilligence" every potentially manipulative market exchange with a limited liability c-corp. So, we can either ban limited liability c-corps outright (forcing liability onto biz owners) or we can allow them within a regulatory framework that forces "structured" liability onto them.
The idea that this is some kind of logical fallacy is hillarious. It is quite sound, and is in general acceptable trade-off. It allows capital concentration/formation which is required for MES projects, whist not allowing abuse of power driven by such scale variance.