Corporations engage in <u>political</u> speech when they support a particular candidate or referenda.
A corporation is a legitimate business structure that exists independently of its owners. In other words, it's a company that has its own legal identity apart from its owners. A corporation's simplicity of establishment and limited liability protection make it the most popular type of business entity in the US. A corporation differs from other business structures like sole proprietorships.
When the shareholders, who are the owners, submit the articles of incorporation to the state, the corporation is officially formed. These businesses must adhere to slightly different restrictions in each state regarding how they must conduct business and what fees they must pay.
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