Question

Who is a proponent of the Bracket Theory relating to personality in law?

• A. Rudolf Von Ihering
• B. Gierke
• C. Holland
• D. Karl Von Savigny

Hint:

Remember: Bracket Theory = Ihering. Think of the jurist Ihering putting a symbolic "bracket" around the members of a company to treat them as one legal entity.

Answer 1

The Correct Option is A

The "Bracket Theory," also known as the Symbolist Theory, is a theory that attempts to explain the concept of corporate personality (i.
e.
, how a corporation can be treated as a single legal person).
This theory was propounded by the German jurist Rudolf von Ihering.
He argued that in reality, only the individual members of the corporation are the true bearers of legal rights and duties.
However, for practical and commercial convenience, the law puts a "bracket" around these members and treats them as a single symbolic unit for legal purposes.