Definition of corporation. 1a : a group of merchants or traders united in a trade guild (see guild 1)b : the municipal authorities of a town or city. 2 : a body formed and authorized by law to act as a single person although constituted by one or more persons and legally endowed with various rights and duties including the capacity of succession.
In his June 16, 1933 Statement on the National Industrial Recovery Act, President Roosevelt described the spirit of the NRA: On this idea, the first part of the NIRA proposes to our industry a great spontaneous cooperation to put millions of men back in their regular jobs this summer..
What was the main goal of the Military Reconstruction Act? The act called for a complete overhaul of the Confederate Army, with officers reevaluated based on their performance during the Civil War. The act created safe havens for black Americans to present their cases against military officers for abuse and fraud.The act divided the South into five military districts and put officers in charge of making sure states rewrote their constitutions.he act created safe havens for black Americans to present their cases against military officers for abuse and fraud. The act divided the South into five military districts and put officers in charge of making sure states rewrote their constitutions.