ADM 3360 Lecture Notes - Lecture 11: Natural Person, Publication Ban, Poutine

• School: University of Ottawa
• Department: Administration
• Course: ADM 3360
• Professor: Gilles Levasseur

Document Summary

Same right as a natural person (an individual) They can acquire assets, be sued, go into debt, can be found guilty. Criminal ofense beyond reasonable doubt: ex: business that knows it is violating the rules, ex: nortel, prosecute the. Hard to prove criminal fault on corporations. Has property rights (assets: ex: uottawa is a non proit operations without shareholders. It is the government o: no contracts between universities, uottawa and students o, they are not helping you ind a job. Is distinct that shareholders are not responsible for the debts. The only thing they will lose is their investment. You can only sue if they have co signed to the debts: ex: franchising. The corporation will still have its distinct liability but the franchisor will make you wave that distinct liability. They can force you to do more marketing o. Sell shares to people that want to be a part of the business.