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Which theory of corporate personality treats an organised group as a real social entity with a will of…

The realist theory treats an organised group as a real social entity with a group will. The rival theories explain corporate personality in terms of a legal fiction, the…

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Which theory of corporate personality treats an organised group as a real social entity with a will of its own?

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Correct answer C

The realist theory treats an organised group as a real social entity with a group will. The rival theories explain corporate personality in terms of a legal fiction, the individuals represented by the corporate designation, or State recognition.

Option feedback

Option A

Fiction theory explains personality as a legal attribution.

Option B

Bracket theory looks through the corporate designation to the individuals whose interests or relationships it represents.

Option C

Realist theory treats the organised group as a real entity with a group will.

Option D

Concession theory grounds corporate personality in recognition by the State.

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