|
|
|
|
|
|
by 2J0
2311 days ago
|
|
|
Actually as a corporate person companies are restricted in a very important way: they cannot represent themselves in court, whereas a general partnership can present a partner in court. The fact that directors are employees and only some shareholders may be members actually divided the powers innate to a real person and causes it to be impossible to present a single individual capable of acting in full cognisance and responsible liability for the incorporated company. This saves the law from unimaginable pain. |
|
|
So a corporation can screw many people with legalese, pretending to be everyone's friend and no one gets blamed. It sounds like a convenient loophole to me.
What the fuck is the CEO for then? Its comical because most people treat corporations as the CEO. A vs B is very different from naming names.