Question

A company is an ______ person

Answer 1

Answer:

A company is an artificial person.

Answer 2

A company is an aritifical person.

• It is properly constituted by law.
• It is not a human being, but it acts as if it were.
• It is regarded as a legal entity capable of entering into various contracts and other legalities.
• It maintains certain rules and regulations as specified by the law.
• It can also own property in its own name, has the rights of suing and being sued by others, and so on.