Podcast
Questions and Answers
Natural persons must be individuals of full age and sound ______.
Natural persons must be individuals of full age and sound ______.
mind
Artificial entities are conferred with legal ______ or right to sue and be sued in their name.
Artificial entities are conferred with legal ______ or right to sue and be sued in their name.
personality
Corporate entities include Incorporated Companies and Limited Liability ______.
Corporate entities include Incorporated Companies and Limited Liability ______.
Partnerships
Non-corporate entities are represented by Limited ______ under Part D CAMA.
Non-corporate entities are represented by Limited ______ under Part D CAMA.
Persons under a Power of ______ can also be considered as natural persons.
Persons under a Power of ______ can also be considered as natural persons.
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Study Notes
Legal Persons in Suing and Being Sued
- Legal actions require parties to be legal persons, categorized into natural and artificial persons.
Natural Persons
- Individuals must be of full age and sound mind to engage in legal actions.
- Special categories include:
- Infants, lunatics, and persons of unsound mind are recognized but have limitations.
- Married women possess the capacity to sue or be sued.
- Persons unknown can pursue legal actions where their identity is not disclosed.
- Individuals acting under a power of attorney can represent others in legal matters.
Artificial Entities
- Artificial entities gain the ability to sue and be sued through statutes or common law.
- Two significant types of artificial entities exist: corporate and non-corporate.
Corporate Entities
- Defined as incorporated or recognized legally structured groups:
- Incorporated companies governed by Part B of the Companies and Allied Matters Act (CAMA).
- Limited liability partnerships as outlined in Part C of CAMA (excludes limited partnerships).
- Incorporated trustees following Part F of CAMA.
- Statutory corporations or bodies, which may have been established by legislation.
- Government acts as a legal entity capable of litigation.
- Corporation sole represents a single entity with legal rights.
- Trade unions have inherent legal standing.
Non-Corporate Entities
- Limited partnerships defined under Part D of CAMA do not fall under corporate status but can engage in legal actions.
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