Corporations are "persons" that enjoy many of the same rights and privileges accorded real persons.

Question

Quizplus · Accepted Answer

Corporations are legally recognized entities that have many of the same legal rights and responsibilities as human beings, including the ability to enter into contracts, sue and be sued, and own property. However, there are also significant differences between corporations and natural persons, such as limited liability and perpetual existence.

Corporations Are "Persons" That Enjoy Many of the Same Rights