The birth and death of legal persons are determined by
Question and options
The birth and death of legal persons are determined by
- nature
- custom
- law
- precedent
Answer and explanation
Correct answer: C - law
Legal persons (companies, corporations, idols etc.) are creations of law: they come into existence (incorporation) and cease to exist (dissolution/winding up) only as the law provides. Nature governs natural persons, not legal ones, so the answer is law.
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