0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are common law requirements for recognition of legal personality of juristic person?
Common law requirements for recognition of legal personality of a juristic person typically include the ability to sue and be sued, own property, and enter into contracts in its own name. Additionally, the entity must have a distinct legal existence separate from its members and comply with registration and filing requirements set out by the relevant jurisdiction.
Is a trust a juristic person?
No, a trust is not a juristic person. Only in matters of taxation and insolvency can they be sued or otherwise litigated. In ALL other matter the trustees are personally responsible for juristic acts, debts etc.
What is the legal capacity of a company?
The company as juristic person has rights, duties and responsibilities as an individual person. The juristic person can enter into any contract and be bound to it.
What has the author Philipp Reeb written?
Philipp Reeb has written: 'Internal investigations' -- subject(s): Corporate internal investigations, Criminal provisions, Corporation law, Criminal liability of juristic persons, Law and legislation, Criminal investigation, Corporate governance
What has the author Carmine Donisi written?
Carmine Donisi has written: 'Il problema dei negozi giuridici unilaterali' -- subject- s -: Juristic acts 'Il contratto con se stesso' -- subject- s -: Conflict of interests, Contracts, Juristic acts
What mean veil of incorporation?
A company once incorporated becomes a legal personality, a juristic entity, separate and distinct from its members and shareholders and capable of having its own rights, duties and obligation and can sue or be sued in its own name.
What are the 5 transgressions that could hold a company's director liable for prosecution?
abusing the juristic liability of the company
What is an example of an artificial legal person?
An example of an artificial legal person is a corporation. These entities are recognized as having many of the same legal rights and responsibilities as natural persons, such as the ability to enter into contracts and own property.
Can a single person own a corporation?
That would be a direct contradiction to what a corporation is. Not true!!1) Seehttp://www.business-opportunities.biz/2007/11/12/setting-up-a-one-person-corporation/2) Lord Chancellor Haldane: "...a corporation is an abstraction. It has no mind of its own any more than it has a body of its own; its active and directing will must consequently be sought in the person of somebody who is really the directing mind and will of the corporation, the very ego and centre of the personality of the corporation."See http://en.wikipedia.org/wiki/Corporation
Which type of businesses sell stocks?
Corporation: A corporation is a limited liability business that has a separate legal personality from its members. Corporations can be either privately owned or government owned, and privately owned corporations can organize either for profit or nonprofit. A privately owned, for profit corporation can either be privately held Privately_held_companyorpublicly held. with profit corporation's shareholders elect a board of directors to direct the corporation and hire its managerial staff
What are the duties of a juristic person for a condominium?
A juristic person for a condominium typically has responsibilities such as managing common areas, collecting fees, maintaining the property, enforcing rules and regulations, and representing the condominium in legal matters. They also oversee financial matters and communicate with unit owners on important issues.
Ideal job as an accountant?
An ideal job for an accountant depends somewhat on your personality. You could work for a rental office, a large corporation or a private accounting firm.
