artificial person

Show Summary Details

Quick Reference

An entity that is recognized by the law as a legal person, i.e. one having legal rights and duties distinct from the individuals who comprise it. For example, a company is a person in the sense that it can sue and be sued, hold property, etc., in its own name. It is not, however, an individual or natural person. See corporation.

Subjects: Accounting.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.