Natural person: Not to be confused with Legal personality.: Legal persons (lat. persona iuris) are of two kinds: natural persons : Natural person From Wikipedia, the free encyclopedia In jurisprudence, a natural person is a real human being, as opposed to a legal person, which may be a private (i.e., business entity) or public (i.e., government) organization or corporation. In many cases, fundamental human rights are implicitly granted only to natural persons. For example, the Nineteenth Amendment to the United States Constitution, which states a person cannot be denied the right to vote based on gender, or Section Fifteen of the Canadian Charter of Rights and Freedoms, which guarantees equality rights, apply to natural persons only. Another example of the distinction between natural and legal persons is that a natural person can hold public office, but a corporation cannot. A corporation can, however, file a lawsuit or own property as a legal person. en.wikipedia.org/wiki/Natural_person Legal personality – people – and juridical persons Legal persons (lat. persona iuris) To have legal personality means to be capable of having legal rights and duties[1][2] within a certain legal system, such as to enter into contracts, sue, and be sued.[3] Legal personality is a prerequisite to legal capacity, the ability of any legal person to amend (enter into, transfer, etc.) rights and obligations. In international law, consequently, legal personality is a prerequisite for an international organization to be able to sign international treaties in its own name. Legal persons (lat. persona iuris) are of two kinds: natural persons – people – and juridical persons (also called juristic or artificial or fictitious persons, lat. persona ficta) – groups of people, such as corporations, which are treated by law as if they were persons.[1][4][5] While people acquire legal personhood when they are born, judicial persons do so when they are incorporated in accordance with law.en.wikipedia.org/wiki/Legal_personality Corporate personhood Corporate personhood is the legal concept that a corporation may be recognized as an individual in the eyes of the law. This doctrine forms the basis for legal recognition that corporations, as groups of people, may hold and exercise certain rights under the common law and the U.S. Constitution. For example, corporations may contract with other parties and sue or be sued in court in the same way as natural persons or unincorporated associations of persons. The doctrine does not hold that corporations are flesh and blood people apart from their shareholders, officers, and directors, nor does it grant to corporations all of the rights of citizens. en.wikipedia.org/wiki/Corporate_personhood
Posted on: Thu, 06 Mar 2014 03:00:56 +0000
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