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Q.Who is called an Artificial Person?
Rajasthan RbseRajasthan Board Senior Secondary Part-I Commerce Examination 2025Subjective· 2mImportance★★★★★est
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Start your 14-day free trial to unlock the full solution →A company is called an artificial person because the law treats it as a separate legal entity, distinct from its members.
Upon incorporation, a company is recognised in law as a person in its own right — it can own property, sue and be sued, and enter into contracts in its own name — even though it has no physical body and exists only because the law creates and recognises it. It is called 'artificial' because it is a creation of law (not a natural human being) and 'person' because it enjoys many of the same lega …
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