Thursday, March 01, 2012
Royal Dutch Petroleum case explores extent of corporate liability
by Larry Geller
If corporations are people, then we should be able to hold them liable for crimes that people might commit. Right? Not yet.
For the rest of the story, watch this video, provocatively titled If Al Qaida had Incorporated - SCOTUS Would Say They're Innocent!
Click the thingy at the lower right for full-screen.
True. Without people, it is an empty shell just like a union would be. A corporation could be one person. More commonly, a corporation is just a group of people who operate under a known set of rules for purposes of commerce and tax treatment.
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