Us Const

Essay specific features

 

Issue:

Business

 

Written by:

Melissa C

 

Date added:

February 23, 2017

 

Level:

University

 

Grade:

B

 

No of pages / words:

16 / 4234

 

Was viewed:

612 times

 

Rating of current essay:

 
Essay content:

. . . Statutes prescribing the terms upon which those conducting certain businesses may contract, or imposing terms if they do enter into agreements, are within the State's competency."217 Still, the fact the State reserves the power to amend or repeal corporate charters does not support the taking of corporate property without due process of law, as termination of the corporate structure merely results in turning over corporate property to the stockholders after liquidation...
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Language in some early cases suggested that States had plenary power to exclude or to expel a foreign corporation.219 This power is clearly limited by the modern doctrine of the "negative" commerce clause, which constrains states' authority to discriminate against foreign corporations in favor of local commerce...
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