Define: Legal Personality
Legal Personality means an entity with rights, duties and the ability to engage in legal actions such as contracts and owning property
Legal Personality means an entity with rights, duties and the ability to engage in legal actions such as contracts and owning property.
Relevant Circumstances
- When forming a new business entity or partnership
- Establishing terms of an employment
- Documenting arrangements for a service
- Outlining confidentiality terms in a business relationship