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Simple English definitions for legal terms
juridical person
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A quick definition of juridical person:
A juridical person is a type of person that is recognized by the law as having rights and duties, just like a human being. This can include entities like corporations or partnerships. It's important to note that while they have legal rights, they are not actual people.A more thorough explanation:
A juridical person is an entity, such as a corporation, that is recognized by law as having the rights and duties of a human being. This means that the entity can enter into contracts, sue and be sued, and own property just like a natural person (a human being).
For example, a corporation can enter into a contract to buy a building, sue another corporation for breach of contract, and own the building it purchased.