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re: Best and worst ever SCOTUS decisions
Posted on 10/1/20 at 5:58 pm to Antonio Moss
Posted on 10/1/20 at 5:58 pm to Antonio Moss
The main purpose of forming a corporation is that you can’t get sued personally. Did you ever take any kind of undergrad business law class?
A corporation is definitely not a person. By definition, a corporation is a non-personal entity.
A corporation is definitely not a person. By definition, a corporation is a non-personal entity.
This post was edited on 10/1/20 at 5:59 pm
Posted on 10/1/20 at 6:02 pm to Qazy
(no message)
This post was edited on 1/11/21 at 12:00 am
Posted on 10/1/20 at 6:04 pm to Qazy
quote:
The main purpose of forming a corporation is that you can’t get sued personally. Did you ever take any kind of undergrad business law class?
A corporation is definitely not a person.
I did take an undergrad business law class.And then I took another 90+ hours of law classes on my way to my JD - including Business Associations I and II.
Juridical personhood is the legal designation of entity as being protected from government infringement of rights in addition to legally separating the liability of an entity from that of its owners and operators.
Unless you the think the police should be able to barge into S-Corps and LLCs offices without probable cause and just start rummaging through private files ...
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