Separate Entity

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August 31, 2024 4 min read Definitions

Corporate Personality: Recognition of a Company as a Separate Legal Entity

Law Economics Corporate Law Legal Entity Business Structure Separate Entity Shareholders

Corporate Personality refers to the legal recognition of a company as a separate entity distinct from its shareholders and directors. This concept is fundamental in corporate law, providing companies with the ability to enter contracts, own property, sue, and be sued independently.

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