Which term refers to a legally recognized person who shares many of the rights of a human individual as well as the ability to act as a legal entity by entering into contracts or owning property?

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A corporation is a legally recognized person who shares many of the rights of a human individual, such as the ability to enter into contracts, own property, and sue or be sued. It can also generate its own revenue and conduct business as a separate entity from its owners or shareholders.

Which Term Refers to a Legally Recognized Person Who Shares