Which of the following entities have the legal capacity to contract?

The correct answer is Maggie's Lingerie Ltd. because this choice refers explicitly to a corporation, which is a separate legal entity recognized under the law. Corporations have the legal capacity to enter into contracts, sue, and be sued in their own name. This means that Maggie's Lingerie Ltd. can engage in various business activities, such as signing contracts for goods and services, leasing property, and hiring employees.

In contrast, the other options do not reflect a legal entity that possesses the same rights. For instance, "Maggie's Lingerie" could refer to a trade name or a business operating without incorporation, which would not have the same legal standing as an incorporated company. Options referring to "employees" or "shareholders and directors" suggest individual roles within the corporation, rather than the corporation itself acting as a legal entity. Thus, they do not possess the legal capacity to contract on behalf of the entity without specific authorization. In short, only the formally incorporated entity, Maggie's Lingerie Ltd., holds the legal capacity to contract independently.