/ˈkɔːpərət ˈprɪvɪlədʒ/ – Phrase
Definition: quyền của pháp nhân.
A more thorough explanation: Corporate privilege refers to the legal concept that grants certain rights, benefits, and protections to corporations as separate legal entities from their owners or shareholders. These privileges may include limited liability, perpetual existence, and the ability to enter into contracts, sue, and be sued in their own name.
Example: The company invoked its corporate privilege to protect sensitive information during the legal proceedings.