Legal personality and natural persons, Business Law and Ethics

Legal Personality and Natural Persons

Legal Personality

Therefore from a legal point of view there a person is anything that the laws of a particular country recognize as having a bundle of obligations and legal rights.  Hence persons in this legal sense are of two types as namely are - legal persons and natural persons, and they are said to possess as "legal personality".

Natural Persons

Therefore natural persons or human beings now have the legal personality under the laws of probably all the nations of world.  Conversely this was not so during within the days of slave trade. So hence a slave, though a human being that had no obligations or legal rights under the laws of those countries, that recognized slavery.

Posted Date: 1/21/2013 11:50:04 PM | Location : United States







Related Discussions:- Legal personality and natural persons, Assignment Help, Ask Question on Legal personality and natural persons, Get Answer, Expert's Help, Legal personality and natural persons Discussions

Write discussion on Legal personality and natural persons
Your posts are moderated
Related Questions
Question 1: "Le Coco" is a well known hotel located on the north coast of Mauritius. Mr. B, a client of "Le Coco" hotel, was injured after a short heated argument with another

John, a young CPA and one of the audit team members for Moulberg Electrical Appliances Ltd, has developed very good insights into the company's systems in the last 12 months and wa

Experience Law This is a law of marketing beginning that the unit cost of value added to a standard goods, calculated in constant currency, declines by a constant percentage ea

(a)  In Malaysia, there are many sources of written and unwritten law. Discuss the sources of unwritten law.      (b)  What are the different methods used in interpretation of s

Change of Name: A company's name may be changed voluntarily or compulsorily (a)   Voluntary Change A company's name may be changed voluntarily: i. Under s.2.1 if a sp

Need for research Design: a. It facilities the smooth sailing of the various research operations thereby making research as efficient as possible yielding maximal inf

1. Justices in the U.S. Supreme Court are appointed for life. Unless they choose to retire, they have the right to remain in office and cannot be removed by congress or by the Pres

Ostensible Authority - Authority of Partners A difference is something drawn among the genuine and ostensible authority about a partner. Whether it is actual or express author

Ex-Ship Contracts - Import and Export Trade Therefore whether goods are sold ex ship, such the duties of the seller are-like; (i) To deliver the goods to the buyer from suc

Determine the Complexities of the policy process Complexity of the policy process, affects the form of delegation of powers to the agents by the principal. When there are a lar