What Is a Juridical Entity?
“When you organize a company, the language may be English, but the jargon sounds ‘foreign’ like you are playing a card from Dungeons and Dragons for an invincibility cloak. Wading through the lingo, one particular term you may encounter is ‘juridical entity,'” is discussed in IncNow’s blog.
“While ‘juridical’ simply means ‘legal’, knowing the characteristics of a juridical entity is helpful to know. Juridical entities are created by each state’s law to give a basket of rights normally associated with humans to non-human business entities. The law also gives rights that are often associated with property to the business entities, such as alienable ownership (the ability to sell/transfer ownership in the company).”
