Search Results for: corporate entity

corporate entity

A corporation’s status as an organization existing independently of its shareholders. • As a separate entity, a corporation can, in its own name, sue and be sued, lend and borrow money, and buy, sell, lease, and mortgage property. [Cases: Corporations 1.3. C.J.S. Corporations § 8.]

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corporate crime

A crime committed by a corporation’s representatives acting on its behalf. • Examples include price-fixing and consumer fraud. Although a corporation as an entity cannot commit a crime other than through its representatives, it can be named as a criminal defendant. — Also termed organizational crime. Cf. occupational crime. [Cases: Corporations 526. C.J.S. Corporations §§

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corporate personality

corporate personality 公司的人格;法人人格 公司在法律上被视为一个可以如自然人那样具有享受权利和承担义务能力的实体〔entity〕,并且其人格完全区别于其所有成员的资格,因此它通常被称为「法律上的人」〔juristic person〕。但是,对于这种法律实体的本质以及如何合理解释其具有的人格,则争论纷纭,如拟制说、特许说、实在说、有机体说、目的说云云,不一而足。但诸种理论皆有顾此失彼之嫌,难谓圆满。英美诸国立法均承认公司具有独立人格。 (→corporation; corporate entity)

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entity

entity. An organization (such as a business or a governmental unit) that has a legal identity apart from its members. corporate entity. A corporation’s status as an organization existing independently of its shareholders. • As a separate entity, a corporation can, in its own name, sue and be sued, lend and borrow money, and buy,

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piercing the corporate veil

piercing the corporate veil. The judicial act of imposing personal liability on otherwise immune corporate officers, directors, and shareholders for the corporation’s wrongful acts. — Also termed disregarding the corporate entity; veil-piercing. See CORPORATE VEIL. [Cases: Corporations 1.4(1). C.J.S. Corporations §§ 9, 13.] “[C]ourts sometimes apply common law principles to ‘pierce the corporate veil’ and

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