Which of the following is considered to be a separate legal person in law?

Question

Quizplus · Accepted Answer

A corporation is considered to be a separate legal person in law, meaning it has its own legal identity separate from its shareholders and is able to enter into contracts, own property, and sue or be sued. A sole proprietorship and partnership do not have separate legal status, and the legal status of an agency or professional practice would depend on the specific situation and legal structure.

Which of the Following Is Considered to Be a Separate