Social Significance of Legal Entities

Abstract

On the basis of studying legal and sociological literature the author of the article has considered the issues related to the social principles and needs of society in the sphere of creating and functioning of legal entities as participants in civil turnover. Special attention has been paid to the fact that the emergence of such subjects of civil relations is related both to the economic challenges of a constantly developing society and to social needs aimed at satisfying the interests of individuals (people).
It has been concluded that modern legal systems actively use the created constructions of legal entities. In this context, a legal entity is admitted as an objective reality like the law itself. Therefore, a legal entity exists because: 1) a social community needs such a legal structure; 2) there is law as a regulator of social and economic relations. Thus, a legal entity is a product of a society (caused by a social need) and the corresponding construction will be used as long as society needs it. As a result, a legal entity should be considered a legal reality (actually existing within the framework of the coordinate system of law and legislation), the result of the mental activity of a person who realized and created such a structure to satisfy own interests, as well as social and economic needs.
It has been proved that the concept of a legal entity, except recording the economic and political realities of different eras, has a high level of social demand, since it reflects certain forms of people’s relationships that arise in the process of social production and ensure the integrity and stability of this process. The concept of a legal entity in this context determines the number of scientific concepts that justify its essence and correspond to theoretical and methodological searches for the reasons of its social origin, existence and activity.