"The term corporation comes from the Latin corpus, which means body. A corporation is a body--it is a legal person in the eyes of the law. It can bring lawsuits, can buy and sell property, contract, be taxed, and even commit crimes. It's most notable feature: a corporation protects its owners from personal liability for corporate debts and obligations--within limits."
Printed copy · Anthology Volume 4, page 646Printed copy from The Tender For Law Anthology, Volume 4, page 646 (printed 13 June 2014). Added by this site; not part of the Facebook export.