Simple English definitions for legal terms
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Corporate Body: A group of people who come together to form a company or organization. This company or organization has legal rights and responsibilities, just like a person. They keep written records of their activities and business transactions in corporate books. They also have a corporate charter, which is like a set of rules that they must follow. Even though a corporation is not a citizen, it has a special status in the state where it was incorporated.
A corporate body is a legal entity that is created by law and has its own separate existence from its owners or members. It can enter into contracts, own property, and sue or be sued in its own name.
These examples illustrate how a corporate body is a distinct legal entity that can operate independently of its owners or members. This allows corporations to conduct business, enter into contracts, and own property in their own name, which can provide certain advantages and protections.