Legal personality

Legal personality refers to the recognition by the law that a person or entity has rights and responsibilities, allowing them to enter into contracts, own property, sue, or be sued. It applies to both individuals and organizations like corporations or associations. Think of it as the legal acknowledgment that someone or something can participate meaningfully in legal affairs. This recognition ensures that entities can act independently within the legal system, facilitating justice and order. Essentially, legal personality grants entities a distinct legal identity separate from their members or owners.