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A corporation is an organization—usually a group ... Particularly important in this respect were the ... This explains why lawyers in legal papers often expressly ...
Corporate personhood or juridical personality is the legal notion that a juridical person such as a corporation, separately from its associated human beings (like owners, managers, or employees), has at least some of the legal rights and responsibilities enjoyed by natural persons.
Robert E. Wright argued in Corporation Nation (2014) that the governance of early U.S. corporations, of which over 20,000 existed by the Civil War of 1861–1865, was superior to that of corporations in the late 19th and early 20th centuries because early corporations governed themselves like "republics", replete with numerous "checks and ...
Please consider expanding the lead to provide an accessible overview of all important aspects of the article. ( September 2016 ) The notion of a legally sanctioned corporation remains controversial for several reasons, most of which stem from the granting of corporations both limited liability on the part of its members and the status and ...
Most important, colonial legislatures set up a legal system that was conducive to business enterprise by resolving disputes, enforcing contracts, and protecting property rights. Hard work and entrepreneurship characterized the region, as the Puritans and Yankees endorsed the " Protestant Ethic ", which enjoined men to work hard as part of their ...
The companies typically offer aggrieved customers free credit monitoring and identity theft protection for a period of time; at UnitedHealth, that period is two years.
Please consider expanding the lead to provide an accessible overview of all important aspects of the article. ( October 2021 ) The theory of the firm consists of a number of economic theories that explain and predict the nature of the firm, company , or corporation , including its existence, behaviour, structure, and relationship to the market ...
However, given the restrictive nature of state corporation laws, many companies preferred to seek a special legislative act for incorporation to attain privileges or monopolies, even until the late nineteenth century. In 1819, the U.S. Supreme Court granted corporations rights they had not previously recognized in Trustees of Dartmouth College v.