Business Law: Constitutional Right for Corporations to Speak

Business Law: Constitutional Right for Corporations to Speak Academic Level : Bachelor Paper details Please watch: ( (Links to an external site.)) The United States Constitution is the supreme law of the land. In 2010, the US Supreme Court (the highest court in our country) ruled that the First Amendment prohibits the government from restricting political independent expenditures by corporations, associations or labor unions. Meaning that a corporation could spend as much as it wants on political campaigns of candidates running for office as long as it is not a direct contribution. The case arose from a conservation lobbying group, Citizens United. The group wanted to air a film critical of Hillary Clinton during the 2008 presidential election and to advertise the film during television broadcasts. The U.S. Supreme Court ruled that such action was allowed and was protected under the corporations’ first amendment rights of freedom of speech. Please answer all of the following questions: Do you agree with the decision? What happens when a decision is made by the US Supreme Court? Is it binding? Can the State of New York decide to ignore it and impose it’s own law limiting corporation’s spending on political campaigns? Does the US Constitution recognize a corporation’s freedom of speech under the Bill of Rights?