For example, Fannie Mae and Freddie Mac are examples of government-sponsored companies. 17+ Simple Business Report Examples; 15+ Business Action Plan Examples; Articles of incorporation may only be one of the business requirements documents examples that you need to develop and file, but having this at hand can give you an easier time in ensuring that your corporation will be recognized.. 2002. Tech and Engineering - Questions & Answers, Health and Medicine - Questions & Answers. GM is an example of a government-acquired corporation. Log in here for access. Some provisions of the Bill of Rights—including the requirement of indictment by a GRAND JURY (Sixth Amendment) and the right to a jury trial in civil cases (Seventh Amendment)—have not been applied to the states through the incorporation doctrine. You can test out of the All Rights Reserved Try refreshing the page, or contact customer support. When he finally arrives home, he finds a stack of mail sitting at his desk. To learn more, visit our Earning Credit Page. Examples of government corporations can be found all around us. Government corporations have the independence of a private businesses but they are owned, sponsored or acquired by the government. Anyone can earn 2d 1903 [1947]). Did you know… We have over 220 college What are the NYS Regents Exams Locations? credit-by-exam regardless of age or education level. In 1937, the Court decided that some of the privileges and immunities of the Bill of Rights were so fundamental that states were required to abide by them through the Due Process Clause (Palko v. Connecticut, 302 U.S. 319, 58 S. Ct. 149, 82 L. Ed. A government corporation is a company that is owned by the government and operates with the same independence of a private business, except that the owner is the government. 243, 8 L. Ed. © copyright 2003-2020 Study.com. What this example illustrates above all is that government corporations are all around us - even if we don't realize it. Through incorporation, state governments largely are held to the same standards as the federal government with regard to many constitutional rights, including the FIRST AMENDMENT freedoms of speech, religion, and assembly, and the separation of church and state; the FOURTH AMENDMENT freedoms from unwarranted arrest and unreasonable SEARCHES AND SEIZURES; the FIFTH AMENDMENT PRIVILEGE AGAINST SELF-INCRIMINATION; and the SIXTH AMENDMENT right to a speedy, fair, and public trial. Will 5G Impact Our Cell Phone Plans (or Our Health?! Not sure what college you want to attend yet? In 1947, the Court rejected an argument that the Fifth Amendment's right against SELF-INCRIMINATION applied to the states through the Fourteenth Amendment (Adamson v. People of the State of California, 332 U.S. 46, 67 S. Ct. 1672, 91 L. Ed. 1138 (1925), one of the earliest examples of the use of the incorporation doctrine, the Court held that the First Amendment protection of freedom of speech applied to the states through the Due Process Clause. 36, 21 L. Ed. This process, known as selective incorporation, began in earnest in the 1920s. 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Government-owned corporations are far more common in other countries. 32 chapters | What special issues may arise in valuing a government's assets that generally do n. Outline the reason why governments own and manage public corporations. Traditional College, Study.com's Top Online Business Communication Training Courses. How do government corporations differ from private companies? flashcard set{{course.flashcardSetCoun > 1 ? Freedom of Speech: Gitlow v. New York 268 U.S. 652 (1925) 4.
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