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Entity (such as a firm) other than a natural person (human being) created by law and recognized as a legal entity having distinct identity, legal personality, and duties and rights. Also called juristic person or legal person. See also body corporate.

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Which of these is a legal term that describes the property a person owns?

Ownership is the legal term that describes the property a person possesses.


Which of these terms indicates a person connected with legal powers?

Always depends where you are. In Canada (and most English-based Legal systems), it is called "Power of Attorney" if you have been mandated by someone to act on its behalf. However, different Laws and Regulations might offer legal powers to specific individuals, as, per example, Section 25 of the Criminal Code of Canada allows Police Officer to have the Legal Right & Power to arrest an individual.


What does the legal term 'natural person' mean in corporation law?

Natural person refers to a human being as opposed to a legally-created entity (Corporation, Limited Liability Company, General Partnership, Limited Partnership, etc.).Even we can define them as "A human being that has the capacity for rights and duties". Note that the word capacity means the ability, but not the obligation for rights and duties.


What is a person called who gives advice on legal matters?

A person who gives advice on legal matters is called a lawyer or an attorney. They are trained professionals who provide legal counsel and representation to individuals or organizations facing legal issues.


What is the legal term for a person who initiates a lawsuit against another person for neglectful actions or wrong doing?

The person who is filing the lawsuit against someone is the plaintiff in the US court system.

Related Questions

What is artificial person?

An artificial person is an alternative term for a legal person, an organization which holds some of the rights of an individual under the law.


What is an artificial person?

An artificial person is an alternative term for a legal person, an organization which holds some of the rights of an individual under the law.


What does it mean when someone says a corporation is an artificial person created by law?

It basically means that for certain legal purposes, a corporation is similar to a person. For example, a corporation can own property, and have certain responsibilities.


What does it mean when someone says that a corporation is an artificial person created by law?

It basically means that for certain legal purposes, a corporation is similar to a person. For example, a corporation can own property, and have certain responsibilities.


What are legal waivers used for?

A legal waiver is when a person surrenders their legal rights. For example, to a person or business. That person will no longer have any legal rights to that person or business.


Is fire a natural or artificial light source?

Depends what the source was, for example, if it was started by lightning, it is natural; if it was started by a person, it is artificial. hi! -Andrew


Can company be a shareholder in another company in India?

off-course company can become shareholder of other company , they are the artificial person they could anything as the legal person.


What is one example of the impact of artificial fertilizers on lakes?

example of artificial manure


What is an example of artificial light?

An example of artificial light is a light bulb.


What effect do artificial sweeteners have on your body?

Artificial sweeteners can have numerous effects on the human body. Effects varies from person to person and the amount or type of artificial sweetener consumed. For example a person with fibromyalgia (constant inflammation of all connective tissue) cannot have certain artificial sweeteners as they will cause a flare up (immediate onset of extreme pain in the muscles/connective tissue, especially the back muscles). In mice, high amounts of artificial sweeteners cause death.


What is an artificial florist?

An artificial florist is a person who makes or sells artificial flowers.


How artificial chromosomes are used as cloning vectors with example?

how artificial chromosome are used as cloning vectors with example?