A method of engaging in transactional activities on the Internet without substantial human direction or risk of liability after establishing an established purpose that benefits an initiator being capable of execution by the intelligent automated agent includes several steps. One of the steps is providing an intelligent automated agent having at least one ability to engage in transactional activities on the Internet that can benefit the initiator. Another step is providing, via the automated intelligent agent's functionality, limited flexibility company means for limiting liability having one or more corporate purposes including at least the established purpose that can benefit the initiator, the corporate purpose limiting the activities the limited flexibility company means may engage in and providing a limit to liability attaching to the engaging of activities within said one or more corporate purposes, the limited flexibility company means requiring capitalization and having the capability of owning an intelligent automated agent. Yet another step is vesting ownership of the intelligent automated agent in the limited flexibility company means. A further step is transacting business with the intelligent automated agent according to the intelligent automated agent's ability to execute the established purpose that can benefit the initiator. Another step is providing adequate capitalization for the limited flexibility company means. In the method, the transactional activities of the intelligent automated agent on behalf of the initiator on the Internet obtain the benefit of the limit to liability of the limited flexibility company means, and the intelligent agent engages in transactional activities on behalf of the limited flexibility company means to execute the established purpose that can benefit the initiator.