Corporate Liability

A corporation may be considered to be a separate entity from its constituent parts. Others would argue that corporations are nothing more than a collection of individuals. In law, it is possible to differentiate between a “legal” and “natural” person whereby a corporate entity can be considered a “legal person” but constituted of “natural” persons, such as directors and board members. However, corporations as legal entities may be held accountable under criminal and civil law for the acts of their employees if those acts are carried out in the course and scope of their employment and with the intention of benefiting the corporate entity. This is a form of vicarious liability that also renders corporations accountable for the actions of third parties and intermediaries and ...