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Date:      Mon, 26 Feb 2001 02:54:19 +0000 (GMT)
From:      Terry Lambert <tlambert@primenet.com>
To:        oppermann@monzoon.net (Andre Oppermann)
Cc:        tlambert@primenet.com (Terry Lambert), dillon@earth.backplane.com (Matt Dillon), bright@wintelcom.net (Alfred Perlstein), josb@cncdsl.com, arch@FreeBSD.ORG
Subject:   Re: DJBDNS vs. BIND
Message-ID:  <200102260254.TAA07261@usr05.primenet.com>
In-Reply-To: <3A98E2F9.C5573CD6@monzoon.net> from "Andre Oppermann" at Feb 25, 2001 11:48:25 AM

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> > Selling the company transfers ownership of the binaries.
> 
> Nope. The owner is still the company. Just the shareholders of the
> company changed. If you would look up the law books you would see
> that that a company constitutes a legal person. The ownership of
> the company is not matter.

A company can not own a patent or copyright, it can only have the
rights assigned to it by someone.  Much of the copyright statements
out there are based on apriori assignment of rights.  With patents,
it's much more explicit, but 50 years after the death of the real
author, a copyright becomes void.  There's no need to wait out the
life of the company.

There are a lot of ways in which a company is not treated as a
real person under the law.  As another example, it is not possible
to discriminate against a company: a company has no civil rights.
Neither can a company vote, be imprisoned, etc..

A company is owned by it's shareholders.  Ownership of the company
assets derives to its shareholders; the company itself does not
technically own anything.

Please see the book:

	New Venture Creation: Entrepreneurship for the 21st Century
	Jeffry A. Timmons
	ISBN: 0256197563

(Get it at a library if you can; it's an MBA textbook, and it's
very expensive).



					Terry Lambert
					terry@lambert.org
---
Any opinions in this posting are my own and not those of my present
or previous employers.

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