A Joint Stock Company: Unveiling the Artificial Person

A joint stock company is an artificial person

A joint stock company is an artificial person – A joint stock company, an artificial person in the eyes of the law, embarks on an extraordinary journey that unravels the complexities of corporate identity and its profound implications. This narrative delves into the legal and practical ramifications of this unique status, painting a vivid picture … Read more

A Company Is Called an Artificial Person Because: Legal Fiction and Business Facilitation

A company is called an artificial person because

A company is called an artificial person because it is a legal fiction created by law, distinct from the individuals who own or operate it. This concept, deeply rooted in legal frameworks, grants companies rights and responsibilities similar to natural persons, enabling them to conduct business and participate in legal transactions. Artificial personhood offers advantages … Read more