Stocks And Corporations
Corporations have a large amount of power in today’s society, but even large corporations occasionally listen to their smaller stockholders — particularly if a number of them band together and start singing the same tune.
A corporation is a sort of “person” created by law, with an existence separate from its owners, who are “natural persons.” To start a corporation in the United States, the owners must obtain a charter from a state government, or possibly from the Federal Government, and must submit to government regulation. An American business enterprise that uses a good deal of capital is pretty sure to be a corporation.
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