An entity that is recognized by the law as a legal person, meaning it possesses legal rights and obligations distinct from the individuals who comprise it. Examples include companies and corporations that can engage in legal actions, own property, etc.
A body corporate is a type of corporation consisting of a body of persons legally authorized to act as one person, distinct from its individual members.
A corporation is a legal entity composed of individuals that acts as a single entity with distinct legal rights and liabilities, separate from its members. It can be created by various legal forms, and can either be composed of a single person or several individuals.
A legal person, also known as an artificial person, is an entity recognized by law as having rights and duties similar to those of a natural person. Legal persons can enter into contracts, own property, sue, and be sued.
