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Give correct response:
According to Purpose Theory of corporate personality only human being have personality, Juristic persons are no person at all.
According to Honfeld, only human beings have rights and duties and “Corporate Personality is merely a procedural form which is used to work out in a convenient way for immediate purpose, a complex class of jural relation
According to Kelsen, for legal purposes there is no contrast between natural and juristic persons.
All are correct.
- Option 1: The Purpose Theory (also called the Fiction Theory) does say that only humans are real persons, and juristic personalities like companies exist only for specific legal purposes, not as true persons.
- Option 2: According to Hohfeld, only human beings have rights and duties. Corporate personality is just a convenient legal device to deal with complex rights and obligations.
- Option 3: Kelsen argued that, for legal purposes, there is no real distinction between natural and juristic persons; both are simply points of reference for legal norms.
- ?? Option 4: All statements reflect the views or theories accurately.
By: Parvesh Mehta ProfileResourcesReport error
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