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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词条贡献者

译者Susanne，世界顶尖法学院国际税法专业，擅长翻译各种与联邦税务纠纷相关的法律文件。