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Legally significant thing: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{a|entity|}}''Res legis'''; a being assigned rational agency and personal responsibility by the legal system. A person has legal personality, as does a corporat...") |
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{{a|entity|}} | {{a|entity|}}{{d|Res legis|/reɪz ˈlɛʤɪz/|n}} | ||
1. A being assigned rational agency and personal responsibility by the legal system. A [[person]] has [[legal personality]], as does a [[corporation]] and, in ''some'' jurisdictions, a [[trust]], but a ''tree'' does not. Nor does a [[polar bear]], a portfolio of assets, a [[partnership]] or an individual [[branch]] of a corporation. | |||
2. An element having legal significance divorced from the physical substrate in which it is typically embedded. A right or obligation in the abstract, as opposed to the contract in which it is written. A [[debt]], as opposed to the [[promissory note|promissory instrument]] which represents it upon this mortal rock. | |||
The JC made “res legis” up, so if you use it amongst the [[Legal eagle|cognoscenti]], do so with poise, confidence and bluster. If enough people do this, it will become a thing. | |||
{{Sa}} | {{Sa}} | ||
*[[Stakeholder]] | *[[Stakeholder]] | ||
*[[Legal personality]] | *[[Legal personality]] | ||