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corporation
(redirected from Corporate person)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
corporation
a business entity such as a company incorporated under legislation, usually a Companies Act, which can make the shareholders legally responsible only for the profits and debts of the company. That is the shareholders are not personally responsible. It has been held for generations that members of professions could not practice as corporations because they would lose their personal responsibility to their clients. It is becoming more common for this rule to be discarded.


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United States, (40) which recognized that Congress could impose punishment on the corporate person for the acts of its agents.
Fayza Saad, INJAZ Qatar Director says corporate volunteers are the spirit of INJAZ, : "When a corporate person walks into a class it is a new experience for the students who are eager to learn about the real business world.
When the Supreme Court agreed, it essentially became "unconstitutional" to treat a human person differently from a corporate person.
 
 
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