BUISENESS MANAGEMENT
LEGAL ISSUES
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Insert the correct word into the following sentence;A legal person ____ rights and duties under the law just like a natural person.
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owes
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invests
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manages
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posesses
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Explanation:
Detailed explanation-1: -A natural person (also sometimes referred to as a physical person) is a title used to identify an individual human being. This is different from a legal person, which can be an individual or a company.
Detailed explanation-2: -Legal Person includes those things which are treated in the same way as human beings for legal purposes. Legal persons have rights and co-relative duties; they can sue and be sued, can possess and transfer property.
Detailed explanation-3: -These include the right to life, the right to a fair trial, freedom from torture and other cruel and inhuman treatment, freedom of speech, freedom of religion, and the rights to health, education and an adequate standard of living.
There is 1 question to complete.