Difference between revisions of "Legal entity"
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[[Legal entity]] is any entity such as an legally-adult individual or a corporation to which the law grants property rights and responsibilities. Particularly, the rights include capacity to buy and sell, enter into agreements or contracts, assume obligations, incur and pay debts, sue and be sued, as well as be held responsible for its actions. | [[Legal entity]] is any entity such as an legally-adult individual or a corporation to which the law grants property rights and responsibilities. Particularly, the rights include capacity to buy and sell, enter into agreements or contracts, assume obligations, incur and pay debts, sue and be sued, as well as be held responsible for its actions. | ||
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| + | ==Related concepts== | ||
| + | *[[Enterprise]]. | ||
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| + | ==Related coursework== | ||
| + | *[[Regulatory Сompliance Quarter]]. | ||
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| + | [[Category: Septem Artes Administrativi]][[Category: Articles]] | ||
Revision as of 12:20, 18 December 2018
Legal entity is any entity such as an legally-adult individual or a corporation to which the law grants property rights and responsibilities. Particularly, the rights include capacity to buy and sell, enter into agreements or contracts, assume obligations, incur and pay debts, sue and be sued, as well as be held responsible for its actions.
