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SEMICeu / Core-Business-Vocabulary

This is the issue tracker for the maintenance of Core Business Vocabulary
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LegalEntity is a misleading name. #28

Open GeertThijs opened 1 year ago

GeertThijs commented 1 year ago

In my opinion every object that is officially registered is a LegalEntity, Organizations as wel as Persons. In REGORG, which evolved from the first version of the Core Business Vocabulary, "RegisteredOrganization" is chosen as a label. This is a much better choice because 1) it makes clear that we are dealing with an Organization, not with a Person or any other LegalEntity and 2) it makes clear that it is an official Organization that derives this status from the fact that is was officially registered.

GeertThijs commented 1 year ago

Or, as an alternative, LegalOrganization would be a good name.