Read more: http://www.businessdictionary.com/definition/legal-entity.html
Legal Person is a prerequisite to legal capacity, the ability of any Legal Person to amend (enter into, transfer, etc.) rights and obligations.
In international law, consequently, Legal Person is a prerequisite for an international organization to be able to sign international treaties in its own name.
Legal persons (Latin: persona iuris) are of two kinds:
While human beings acquire legal personhood when they are born, juridical persons do so when they are incorporated in accordance with law.
Legal Person may have or may not a digital Identity
More Information#There might be more information for this subject on one of the following:
- Direct Tax
- Federated Authorization for UMA 2.0
- Identity Proofing
- Legal Fictions
- Natural Person