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Simple English definitions for legal terms
legal personality
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A quick definition of legal personality:
Legal personality refers to the status of being recognized as a person by the law. This can apply to both humans and artificial entities, like corporations. It means that the law gives certain powers and abilities to these entities, just like it does to individual people. In parliamentary law, it is not allowed to refer to a member by name or in a personal way, as this is considered improper and against the rules.
A more thorough explanation:
Definition: Legal personality refers to the legal status of an individual or an artificial entity, such as a corporation, that is recognized by the law as a person. It is the legal concept by which the law regards a human being or an artificial entity as a person.
Example: A corporation is an example of an artificial entity that has legal personality. This means that the law recognizes the corporation as a separate legal entity from its owners or shareholders. The corporation can enter into contracts, sue and be sued, and own property in its own name.
Explanation: The example illustrates the definition of legal personality by showing how an artificial entity, such as a corporation, is recognized by the law as a person with legal rights and obligations. This means that the corporation can engage in legal activities and be held accountable for its actions, just like a natural person.