jonny5
DP Veteran
- Joined
- Mar 4, 2012
- Messages
- 27,581
- Reaction score
- 4,664
- Location
- Republic of Florida
- Gender
- Male
- Political Leaning
- Libertarian
I wonder if any of you understand what a coporation is, apparently not. Corporations were created for just two reasons. The first was to limit the liablity of the owners to just what is invested in the corporation. The second is to be able to raise money through stock sales. In business they are treated as you would a person, but they until CU made were considered a person for free speech purposes and most legal scholars think that CU was a really bad decision.
Most?
A corporation is just a legal fiction to allow a group of people to act as one, legally. There are many more reasons than two as to why they are created.