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Other terms include artificial person, corporate person, judicial person, juridical entity, juridic person, or juristic person. A juridical person maintains certain duties and rights as enumerated under relevant laws. [1] The rights and responsibilities of a juridical person are distinct from those of the natural persons constituting it.
A juridical or artificial person (Latin: persona ficta; also juristic person) has a legal name and has certain rights, protections, privileges, responsibilities, and liabilities in law, similar to those of a natural person. The concept of a juridical person is a fundamental legal fiction.
A juristic person is a social entity, a community or an association of people which has an independent right of existence under the law. [17] [18] It can be 'the bearer of judicial capacities and subjective rights,’ and the accompanying legal entitlements and obligations, just like a natural person.
Corporate personhood or juridical personality is the legal notion that a juridical person such as a corporation, separately from its associated human beings (like owners, managers, or employees), has at least some of the legal rights and responsibilities enjoyed by natural persons. In most countries, a corporation has the same rights as a ...
Legal capacity is a quality denoting either the legal aptitude of a person to have rights and liabilities (in this sense also called transaction capacity), or the personhood itself in regard to an entity other than a natural person (in this sense also called legal personality). [1]
In the canon law of the Catholic Church, a person is a subject of certain legal rights and obligations. [ 1 ] [ 2 ] Persons may be distinguished between physical and juridic persons. Juridic persons may be distinguished as collegial or non-collegial, and public or private juridical persons.
The Companies and Intellectual Property Commission (CIPC) is an agency of the Department of Trade, Industry and Competition in South Africa. [1] The CIPC was established by the Companies Act, 2008 (Act No. 71 of 2008) [2] as a juristic person to function as an organ of state within the public administration, but as an institution outside the public service.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Juristic_person&oldid=814715575"This page was last edited on 10 December 2017, at 13:47 (UTC). (UTC).