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What does the legal person at his own risk mean?
Strategic risk.

Legal person's own risk 4 refers to strategic risk, which does not conform to macroeconomic policies, industrial and industrial policies, strategic and planning mistakes, unclear business objectives, failed mergers and acquisitions, backward technology, lack of strategic partners and other mistakes.

A company as a legal person is an organizational form of an enterprise. For-profit corporation. Also known as commercial company in capitalist countries, it is a profit-making enterprise organization established in accordance with commercial law or related laws, including unlimited companies, limited companies, joint-stock companies and joint-stock companies.