- Published on
KembaraXtra – Legal Terms – Legal Person
A legal person is an entity recognized by law as having rights and duties. This includes both natural persons (human beings) and artificial entities such as corporations.
Legal personality allows such entities to enter into contracts, own property, and be subject to legal obligations. The concept is fundamental to modern legal systems, enabling organizations to function independently of the individuals who compose them.
A legal person is an entity recognized by law as having rights and duties. This includes both natural persons (human beings) and artificial entities such as corporations.
Legal personality allows such entities to enter into contracts, own property, and be subject to legal obligations. The concept is fundamental to modern legal systems, enabling organizations to function independently of the individuals who compose them.
0 Comments