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.
Signup and view all the answers
Persons under a Power of ______ can also be considered as natural persons.
Persons under a Power of ______ can also be considered as natural persons.
Signup and view all the answers
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.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
This quiz explores the various types of entities capable of bringing or facing legal action. It covers natural persons, such as individuals with full capacity and those with legal restrictions, as well as artificial entities bestowed with legal personality. Test your understanding of legal rights and the capacity to sue or be sued.
