Analyze the “legal personality” and provide one relevant example.

"Legal personality" means to be capable of having legal rights.

Explanation:

"Legal personality" means to be capable of having legal rights within a specific legal system such as to enter into contracts, sue, and be sued. Legal personality is a condition or requirement to legal capacity, the ability of any legal person to change rights and obligations. Example of legal personality is that how a law is applied if one is a home owner versus a renter.

i think it can have both positive and negative effects on businesses.

for example:

lets say you own a small business and taxes go up 4% that means it is going to cost your business more money to buy product to sell. but at the same time you make more money from the tax rise.

that is my theory.