Explain the significance of legal personality. as part of your explanation you should identify why certain categories of people - Essay Example
Consequently, some humans are assigned the label of limited legal personality, having limited rights in comparison with other humans. For example, law does not allow a bankrupt to become a director of a company, or a magistrate or a Member of Parliament. Also, mentally ill person has an insufficient legal capacity; consequently, he or she is disallowed to enter into a contractual relationship with any party. In the following pages, this paper is going to explain natural and artificial legal personalities and limitations on some legal personalities. Natural legal personality with beginning and end of life A natural legal personality comes with certain legal rights and obligations. Such legal rights are assigned to natural persons who qualify to have a legal capacity.
