2024年11月27日 · A legal entity or a ‘legal person’ refers to any individual or organization that has legal obligations to its stakeholders, isolated from the personal liabilities of its owners or ‘natural persons.’

2023年5月9日 · A legal entity refers to any business, organization, or individual that’s required to meet legal obligations as set by local, state, and federal laws. Think of it as a separate “person” in the eyes of the law.

Definition and Citations: A lawful or legally standing association, corporation, partnership, proprietorship, trust, or individual. Has legal capacity to (1) enter into agreements or contracts, (2) assume obligations, (3) incur and pay debts, (4) sue and be sued in its own right, and (5) to be accountable for illegal activities.

2024年9月10日 · A legal entity is a separate legal person from its owners or members that must fulfill legal responsibilities per local, state, or federal authorities. A legal entity can own property, enter into contracts, sue, and be sued.

LEGAL ENTITY definition: a company or organization that has legal rights and responsibilities, for example the right to make…. Learn more.

An entity refers to a person or organization possessing separate and distinct legal rights, such as an individual , partnership , or corporation . An entity can, among other things, own property , engage in business, enter into contracts , pay taxes , sue and be sued.

6 天之前 · The meaning of LEGAL ENTITY is an entity (as a corporation or labor union) having under the law rights and responsibilities and especially the capacity to sue and be sued.

A legal entity is a legal construct through which the law allows a group of natural persons to act as if they were a single person for certain purposes. The most common purposes are lawsuits, property ownership, and contracts.

Definition of "legal entity" A legal entity is a body such as a corporation or labor union that, under the law, possesses rights and responsibilities, notably including the ability to initiate or be targeted in a lawsuit . How to use "legal entity" in a sentence.

LEGAL ENTITY meaning: a company or organization that has legal rights and responsibilities, for example the right to make…. Learn more.