From a legal standpoint, considering that a corporation is considered a person, and that the supreme court has never actually ruled on the exact definition of a natural-born citizen, would this mean that a corporation could become president of the United States if the supreme court ruled that it was considered a citizen if the corporation is started here and meets all other requirements for presidency?
2006-07-27 18:56:17 · 3 answers · asked by Buena 1 in Business & Finance ➔ Corporations
unless corporation is the name of an actual human being.
2006-07-27 20:17:23 · answer #1 · answered by J 4 · 0⤊ 0⤋
I could really get into this, but the answer is no.
Oh, heck...I will get into this.....
What is a Corporation? A corporation is a nonhuman entity. No, it is not like ET, the ExtraTerrestrial, and it is not created by God or Mother Nature. Instead, corporations exist because of a statute known as the Business Corporation Act (BCA).
The most important feature of a corporation is that it exists entirely separate and apart from its owners. Virtually all the legal and tax advantages associated with corporations flow from this essential element.
Corporations must have at least one owner, but there is no upper limit. The owners are called shareholders or stockholders. The ownership interests of the shareholders in a corporation are divided into units called stock, shares, or shares of stock. The rules governing corporations along with the advantages and disadvantages apply equally to corporations owned by one or more than one shareholder.
2006-07-28 02:01:14 · answer #2 · answered by rrrevils 6 · 0⤊ 0⤋
I have to say hell to the no. A president has to be born in the USA. I do not believe corporations have birth certificates.
2006-07-28 02:02:34 · answer #3 · answered by Juror #8 3 · 0⤊ 0⤋