Some people have joked about the idea of corporations being people. It sounds like a ridiculous enough statement, and on its face, it is; a business is not a human being, no matter how generously you stretch the definition of either. However, legally speaking, it’s true that corporations are people (sort of), and if you’re running your own corporation, it can help to understand how corporate personhood works. Continue reading “Corporate Personhood, Explained”
Legislators Believe One Word Shouldn’t Cost Businesses $1,000
Two New York State legislators recently introduced bills that would ease regulations for small business owners by allowing them a certain amount of time to fix any violations they may have committed before being automatically fined. The Albany Business Review reported that corresponding bills sponsored by New York State Assemblyman John McDonough and State Senator Fred Akshar have passed in both chambers of the Legislature. The legislation is now awaiting Governor Cuomo’s signature. Continue reading “Legislators Believe One Word Shouldn’t Cost Businesses $1,000”
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