Notes and Study material for Exams
What is a Port Trust? A port trust is a government-owned entity that is responsible for the management and operation of a port. Port trusts are typically established to provide a safe and efficient environment for the movement of goods and people. They may also be responsible for the development and maintenance of port infrastructure, … Read more
What is a Juristic Person? A juristic person is a legal entity that is separate from its members or owners. This means that it can own property, enter into contracts, and sue or be sued in its own name. Juristic persons are often used to organize businesses, nonprofits, and other organizations. Types of Juristic Persons … Read more
Societies and Trusts Societies and trusts are two types of legal entities that can be formed in the United States. Both entities have their own advantages and disadvantages, and the best type of entity for a particular purpose will vary depending on the specific circumstances. Societies A society is a voluntary association of individuals who … Read more