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Unformatted text preview: -Characteristics o Can exist in perpetuity (forever) o Corps liability is restricted to corp. assets Protects personal assets Limited liability o Sell/buy shares o death limited to legal procedures Industrial Revolution-Technological Revolution o Mass production o Communicate faster Transportation Information o Network technologies Interconnected commerce Sherman Act of 1890-Designed to try to encourage competition-antitrust law comes from being against organizations of large corporations o Corps being permitted to own shares in other corps Telephony Regulation through 20 th century 1. Interstate commerce a. Agency a.i. ICA 1887 a.ii. Commerce Act of 1934 b. Antitrust Law 2. Intrastate commerce a. States (state agencies...
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This note was uploaded on 11/10/2011 for the course TEL 321 taught by Professor Cherry during the Fall '11 term at Indiana.
- Fall '11