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Natalia09 Posted 15 years ago
Vocabulary

Shareholder: he or it

I have often seen in contracts that parties to a contract are designated with pronoun "it". I wonder if this rule also applies to other cases, e.g. shareholders in articles of association.

Thank you.
  

Top answer

Could you please give an example? Thanks.

— Avangi

  • Could you please give an example?
  • Thanks.
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4 Answers
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Could you please give an example?

Thanks.
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... and the Concessionaire shall take all necessary steps to ensure prompt creation, establishment and registration of the related usufruct over the Site (and shall bear all costs associated therewith), with the reasonable assistance from the Contracting Authority upon request, without any prejudice to its obligations to pay registration fees, etc.
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A business entity, such as the one acting at the contracting authority, is referred to as "it." If you have a situation in which individual people are being referred to, use "he or she."
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Thank you! That's what I also supposed.
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