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Yes. And that is one big reason why a corporation is not a person.
by nroose 12y ago
Yes. And that is one big reason why a corporation is not a person.
- fennecfoxen 12y agoYes, but, because people own corporations, and want to use the corporation can use the corporation to exercise their rights, it is frequently convenient to treat the corporation as a person when deciding how to apply the law to corporations. :P
- gerbal 12y agoI was under the impression limited liability was exactly why corporations are legal persons. So they can sign contracts and be liable for violations of those contracts as well as breaches of law.
- ScottBurson 12y agoWell -- perhaps it's a person in some senses -- but it's not a citizen.
- GFK_of_xmaspast 12y agoNot yet.