The College Of Auckland
] companies have a lot the identical legal rights and obligations as people. In some jurisdictions, this extends to permit corporations to exercise human rights towards real individuals and the state, and they may be responsible for human rights violations. Just as they’re Law News “born” into existence by way of its members obtaining a certificates of incorporation, they can “die” once they lose cash into insolvency. Corporations can even be convicted of criminal offences, similar to corporate fraud and company manslaughter.