Calvin Coolidge said: "The business of America is business." From the mom and pop store to giant international companies, today's form of business is typically the corporation. This Nutshell will tell you why, and it will introduce you to the unique characteristics of this modern creation: corporate autonomy, transferability and even a kind of immortality. This text will get you literate enough in the language of the corporation to be comfortable with this fundamental part of business law. Once corporations become familiar figures, you'll be able to address exam questions more quickly and accurately.