When a company changes its name, its entity status remains unchanged, which is critical for the validity of existing contracts. The legal identity of a corporation is distinct from its name, meaning a name change does not alter the company’s obligations or rights. This principle, rooted in corporate personhood, ensures that contracts under the old name remain binding. Legal precedents and statutory provisions, such as the Uniform Commercial Code (UCC) in the United States, support this continuity. Courts consistently uphold that a name change does not impact the substance of a contractual relationship.