legal personality

legal personality
legal personality n: the quality or state of being a legal person

Merriam-Webster’s Dictionary of Law. . 1996.

legal personality
People have the ability to make contracts and give and receive commitments, but other official creations such as companies may only do so to the extent permitted by the statutes under which they are created. A business carried on without using a company is treated as being the activity of its proprietors who will be personally liable accordingly.

Easyform Glossary of Law Terms. — UK law terms.

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