The corporate structure has several advantages for stockholders. Sure protection of the shareholder from personal liability is important but I think corporate structure as a way of holding ownership is why people choose to incorporate. A corporation issues shares of ownership so that the risks and profits of the business can be shared among many owners on a pro-rata basis. It is also taxed differently than an individual, and is treated differently in bankruptcy. — Cavacava
Corporations are treated like persons in order for them to conduct business to enter into contracts, I don't agree with all the exceptions provided to corporations as you indicate, but they have long standing in courts. Corporations have to able to act as individual entities, but to what extent? — Cavacava
I've had good and bad customer service experiences. The fully automated systems make me peevish,
"I said no"..."what did you say, I think you said no...is that correct? Arrgh! Caught in a capitalist time loop. Or you get connected to customer service room located is some very foreign country where basic communication is challenged and you suspect it is a kind of revenge for asking. — Cavacava
Why do they have to? Why can't they act as a bunch of individuals within a hierarchical power structure, with responsibility and being commensurate with decision making power? What would the effects be if they acted that way?
Regarding the liability issue, insurance is the answer. A sole proprietor buys insurance as does a corporation, in order to protect assets. — Cavacava
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