What is corporation?
In the very beginning a corporation, as an institution, is being compared with many things or animals. The narrator in the film stated, that: “a corporation is one form of business ownership; group of individuals working together, to serve a variety of objectives, the principal one of which is earning large growing sustained legal returns for the people, who own the business” (http://www.youtube.com/watch?v=Y888wVY5hzw). As the understanding of the law evolved, and with the 14th Amendment passed in Congress, a corporation became a “legal person” that has a right to sell and buy, take a loan or lend money, sue anyone and be sued, basically all of ...