asked 72.2k views
4 votes
Why do states grant charters to corporations

asked
User Liberty
by
8.7k points

2 Answers

2 votes
There's many different types of charters. In general, states will offer incentives to corporations to entice them to locate within their borders as this creates jobs and tax revenues. (I think this is something I learned about.)
answered
User Olyanren
by
7.2k points
7 votes
To regulate intrastate trade as allowing by constitution
answered
User LeoColman
by
8.1k points
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