Distinguish between a corporation sole and a corporation aggregate
ANSWER
Corporation sole: This is legally constituted office distinct from the holder and canonly be held by one person at a time after which he is succeeded by another. The office is a body corporate with perpetual succession, capacity to contract, sue or be sued and own property e.g. Office of the Permanent Secretary to the Treasury, Office of the Public Trustee.
Corporation aggregate: This is a legal entity formed by two or more persons for a lawful purpose and whose membership consists of at least two persons. It has independent legal existence, capacity to contract, sue or be sued and perpetual succession e.g. private and public companies.
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