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Tag – Supreme Court

Hobby Lobby Wins, Obama Loses at Supreme Court

Hobby Lobby

Students are frequently taught that a corporation is a legal person. Since a living, breathing person has religious rights, why wouldn’t a corporate person? Although the Supreme Court did not buy that argument completely, it did open the door widely enough to exempt Hobby Lobby and similar companies that have been protesting the contraceptive mandate of ObamaCare. Under the new ruling, a company must be closely held to meet the exemption, which means there are a limited number of stockholders. Furthermore, such stock is publicly traded only on occasion.

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