babycat
16:37
Simple English definitions for legal terms
Read a random definition: corps diplomatique
A juristic person is an entity, such as a corporation, that is recognized by law as having the rights and duties of a human being. This means that the entity can enter into contracts, sue and be sued, and own property just like a natural person.
For example, a corporation can enter into a lease agreement for office space, sue another company for patent infringement, and own a building.