I think the wiki article on corporate personhood should be read by everyone who is bothered by the "corporations are misnomer" meme.<p><a href="http://en.wikipedia.org/wiki/Corporate_personhood" rel="nofollow">http://en.wikipedia.org/wiki/Corporate_personhood</a><p>--<p>The basis for allowing corporations to assert protection under the U.S. Constitution is that they are organizations of people, and that people should not be deprived of their constitutional rights when they act collectively.[5] In this view, treating corporations as "persons" is a convenient legal fiction that allows corporations to sue and to be sued, provides a single entity for easier taxation and regulation, simplifies complex transactions that would otherwise involve, in the case of large corporations, thousands of people, and that protects the individual rights of the shareholders as well as the right of association.