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Legal Definitions - juristic person

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Definition of juristic person

A juristic person is an entity, such as a corporation, that is recognized by law as having the rights and duties of a human being. This means that the entity can enter into contracts, sue and be sued, and own property just like a natural person.

For example, a corporation can enter into a lease agreement for office space, sue another company for patent infringement, and own a building.

You win some, you lose some, and some you just bill by the hour.

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Simple Definition

A juristic person is a type of person that is not a human being, but is recognized by the law as having some of the same rights and responsibilities as a human. This can include things like corporations or partnerships. It's important to remember that while they may have some of the same legal rights, they are not the same as a real person.

The young man knows the rules, but the old man knows the exceptions.

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Study hard, for the well is deep, and our brains are shallow.

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