legal entity

Related Terms
An association, corporation, partnership, proprietorship, trust, or individual that has legal standing in the eyes of law. A legal entity has legal capacity to enter into agreements or contracts, assume obligations, incur and pay debts, sue and be sued in its own right, and to be held responsible for its actions.

Use 'legal entity' in a Sentence

They were a very powerful legal entity, so we knew we had to keep our head up and go by the book.
18 people found this helpful
You should always make sure you know what is the real legal entity and give way to them and what they say.
16 people found this helpful
Modern economic systems typically allow for creation of a legal entity which is separate and distinct from a person but which is able to function in limited capacities to enter contracts, pay bills, and to be held liable for it's actions.
15 people found this helpful




Email Print Embed


Mentioned in These Terms


<acronym id="yvPRVNP"></acronym>
<acronym id="yvPRVNP"></acronym>
<acronym id="yvPRVNP"><small id="yvPRVNP"></small></acronym><rt id="yvPRVNP"><small id="yvPRVNP"></small></rt><sup id="yvPRVNP"><optgroup id="yvPRVNP"></optgroup></sup>
<tr id="yvPRVNP"><optgroup id="yvPRVNP"></optgroup></tr>
<acronym id="yvPRVNP"></acronym>
<rt id="yvPRVNP"><optgroup id="yvPRVNP"></optgroup></rt>
<rt id="yvPRVNP"></rt>
  • 230200559 2018-01-18
  • 10324558 2018-01-18
  • 825271557 2018-01-18
  • 228878556 2018-01-18
  • 178173555 2018-01-18
  • 763686554 2018-01-18
  • 528228553 2018-01-18
  • 817608552 2018-01-17
  • 816246551 2018-01-17
  • 380838550 2018-01-17
  • 181567549 2018-01-17
  • 632439548 2018-01-17
  • 501681547 2018-01-17
  • 980206546 2018-01-17
  • 588391545 2018-01-16
  • 758514544 2018-01-16
  • 604591543 2018-01-16
  • 728795542 2018-01-16
  • 4286541 2018-01-16
  • 54359540 2018-01-16