Privilege of Incorporation
A corporation is just a group of people who co-operate to fund some commercial enterprise. The way I see it, those people should have no more and no fewer privileges as a result of doing so. They get quite a few:
~ Roedy (1948-02-04 age:69)
- The corporation itself gets the rights of an actual person.
- The investors and employees are free from prosecution for crimes they commit on behalf of the corporation or that the corporation commits.
- If the corporation goes bankrupt, the investors are not liable in any way.
- No matter how badly the corporation behaves, it can never be sentenced to death.