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Why was the fourteenth amendment used to protect a holding company but not a trust?
Wiki User
∙ 13y ago
Even though the 14th amendment allowed federal intervention upon things, trusts were mostly private agreements between a board of trustees and member companies, whereas holding companies involved more paperwork and contracting therefore giving it more protection under law as without this contracting no laws / agreements were recorded in order to be broken in the first place (such as in trusts).
The lesson in this: always sign a contract (after reading it) and make sure the other party signs it as well or you have no protection against anything that can go wrong in the agreement being made
Wiki User
∙ 10y ago
Anonymous
Wiki User
∙ 13y agoWhen J.P. Morgan was really influential and rich in the late nineteenth century people like him wanted to find a loophole in the constitution to protect their way of income and how they run their business, because they were being criticized by people who thought wealth and industry should not be monopolized.
Wiki User
∙ 14y agoBased on my knowledge, the 14th Amendment gives a broad definition of citizenship and doesn't really have much to do with either a holding company or a trust.
Wiki User
∙ 10y agoI hate history
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What was the one main issue over the readmission of southern states?
Well, most of them were forced to accept the fourteenth amendment, thus implying that they needed to protect the Bill of Rights.
Which amendment protect us from illegal searches and seizures?
The fifth amendment protects all Americans from illegal searches and seizures.
What amendment would protect the freedom to hold meetings and to ask the government to hear complaints?
The first amendment from the ten amendments, or the Bill of Rights.
What are the examples of the Cuban reaction to the Platt amendment?
The US would protect Cuba from foreign invasion
In amendment 2 What event in history caused this amendment to be added?
Although there are various reasons why the constitutional framers included the right to bear arms in the Bill of Rights, the main reason why this amendment was created was to insure that the citizens of the United States could protect themselves. At the time this amendment was created, (1791) a formal police force that could protect the civilians did not exist. Therefore the framers of the constitution recognized the need for self-protection and thus, the second amendment was created. There wasn't really a precise moment in history that led to this amendments creation, although one could say the revolutionary war mainly contributed to its adoption.
Which amendment sought to protect voting rights?
Fourteenth Amendment
What were the reasons behind the fourteenth amendment?
To protect the rights of freedmen. The Fourteenth Amendment guaranteed equality under the law for all citizens!
Whose rights was the Fourteenth Amendment designed to protect?
(newly freed slaves)
What is an important feature of the Fourteenth Amendment?
It protect people from the power of state government
What group was the Fourteenth Amendment designed to protect How did other groups use the Fourteenth Amendment to gain rights?
The Fourteenth Amendment, which guaranteed citizenship and equal protection under the law, was designed to protect the rights of newly freed African Americans following the Civil War. Later, other groups, such as Mexican Americans and Asian Americans, cited the Fourteenth Amendment in important court cases to argue for their right to equal protection under the law.
What other groups have turned to the Supreme Court to protect their Civil Rights?
Bill of Rights and The Fourteenth Amendment.
What other groups have turned to the Supreme Court to protect their civil right?
Bill of Rights and The Fourteenth Amendment.
What amendment guarantees due process?
The fifth and the fourteenth amendments both do. The fifth amendment is to protect against abuse of government authority in a legal procedure. The fourteenth amendment is to protect citizens from being deprived by governments or state.
Who benefited from passing of the fourteeth amendment?
The passing of the Fourteenth Amendment benefited African Americans by granting them equal protection under the law and citizenship rights. This amendment also aimed to protect the civil rights of all individuals and ensure that states could not deny individuals their constitutional rights. Overall, the Fourteenth Amendment was a significant step towards promoting equality and justice for marginalized groups in the United States.
What was the one main issue over the readmission of southern states?
Well, most of them were forced to accept the fourteenth amendment, thus implying that they needed to protect the Bill of Rights.
When were the thirteenth fourteenth and fifteenth Amendments to the Constitution passed?
These are called the reconstruction Ammendments. Reconstruction Amendments The Reconstruction Amendments were all passed after the Civil War. They attempted to protect the rights of African Americans, who had been treated as slaves during and before the Civil War. Thirteenth Amendment This amendment abolishes slavery in all parts of the United States. Fourteenth Amendment This amendment applies citizenship to anyone born or naturalized in the United States, granting them due process and equal protection of the law. Fifteenth Amendment This amendment protects citizens from being denied the right to vote on grounds of race, color, or previous servitude.
Why was the 15th amendment necessary following the addition of the 14th Amendment?
The 14th and 15th Amendment were needed to cement the African American's place as citizens in society. The 13th Amendment outlawed slavery, but people in the South were still treating blacks horribly and not treating them like citizens.
