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Question

Write a word or a phrase or a term which can substitute each one of the following.

An artificial person created by law.

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Solution

An artificial person created by law- Joint Stock company.
Explanation:
A joint stock company is created as a separate legal entity. It is independent of its members. It cannot be seen physically, but it has a name, it uses the common seal in place of its signature and it can enter into contracts.

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