Sentences with phrase «original purpose of the corporation»

As a historical matter, the original purpose of the corporation — reflected in debates about limited liability and general incorporation statutes — was to facilitate economic growth by enabling projects that required large - scale, long - term investment.

Not exact matches

We as species would benefit from technology like this and now its locked into a company that stoops so low as to do business with a company like Apple, one of the worst of the fat cat corporations that have forgotten the original purpose of business.

Although the two bodies doctrine would later be used to distinguish between the property monarchs held as the Sovereign opposed to a natural person, the original, and still essential, purpose of making the Crown a corporation sole was to fuse monarchical predecessors and successors into a single, immortal legal personality.