Legal Entity in the context of "Not-for-profit organization"

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⭐ Core Definition: Legal Entity

In law, a legal person is any person or legal entity that can do the things a human person is usually able to do in law – such as enter into contracts, sue and be sued, own property, and so on. The reason for the term "legal person" is that some legal persons are not human persons: companies and corporations (i.e., business entities) are persons, legally speaking (they can legally do most of the things an ordinary person can do), but they are not, in a literal sense, human beings.

Legal personhood is a prerequisite to legal capacity (the ability of any legal person to amend – i.e. enter into, transfer, etc. – rights and obligations): it is a prerequisite for an international organization being able to sign international treaties in its own name.

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👉 Legal Entity in the context of Not-for-profit organization

A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives.

While not-for-profit organizations and non-profit organizations (NPO) are distinct legal entities, the terms are sometimes used interchangeably. An NFPO must be differentiated from a NPO as they are not formed explicitly for the public good as an NPO must be, and NFPOs are considered "recreational organizations", meaning that they do not operate with the goal of generating revenue as opposed to NPOs.

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Legal Entity in the context of Plagiarism

Plagiarism is the representation of another person's language, thoughts, ideas, or expressions as one's own original work. Although precise definitions vary depending on the institution, in many countries and cultures plagiarism is considered a violation of academic integrity and journalistic ethics, as well as of social norms around learning, teaching, research, fairness, respect, and responsibility. As such, a person or entity that is determined to have committed plagiarism is often subject to various punishments or sanctions, such as suspension, expulsion from school or work, fines, imprisonment, and other penalties.

Not all cultures and countries hold the same beliefs about personal ownership of language or ideas, and plagiarism is typically not in itself a crime. However, like counterfeiting, fraud can be punished in a court for prejudices caused by copyright infringement, violation of moral rights, or torts. In academia and in industry, it is a serious ethical offense. Plagiarism and copyright infringement functionally overlap, depending on the copyright law protection in force, but they are not equivalent concepts, and although many types of plagiarism may not meet the legal requirements in copyright law as adjudicated by courts, they still constitute the passing-off of another's work as one's own, and thus plagiarism.

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