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by kube-system 2312 days ago
Well yeah, an absolute ton of things would disappear if we essentially made every company a sole proprietorship.
1 comments

That's another option, but it's not what I was talking about. If corporations exist, then sure we can let them create contracts among themselves.
Most corporations would have a very difficult (i.e. impossible) time tracking down all of their owners for a signature on those contracts.

That's why we allow them to be a legal person. So Comcast can sign a contract to purchase a new toner cartridge, rather than requiring a signature from each owner of each of their 4.5 billion shares outstanding.