A corporation is a succession or collection of persons having at law an existence, rights and duties, separate and distinct from those of the persons who are from time to time its members.
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- It is a person at law: This means it is an artificial legal entity and not a natural person. In some circumstances, this may prevent it from making a successful claim for harm inflicted upon it (see DPP v Dziurzynski)
- It has perpetual succession: It’s existence is maintained by the constant successive of new persons who replace those who die or are in some other way removed.