The concession doctrine implies that incorporation is a right,not a privilege for businesses.

Name: The concession doctrine implies that incorporation is a right,not a privilege for businesses.
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The concession doctrine refers to the idea that corporations are granted their existence and privileges by the state, and therefore are subject to regulation and limitation by the state. It does not imply that incorporation is a right for businesses.

The Concession Doctrine Implies That Incorporation Is a Right,not a Privilege