legal entity


An individual or organization which is legally permitted to enter into a contract, and be sued if it fails to meet its contractual obligations.

Use legal entity in a sentence

The legal entity had signed the document with their trial attorney who would be representing them throughout the lengthy case.

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I created a separate legal entity for purposes of conducting business business to provide another layer of insulation in the event of dispute.

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Since they were the legal entity on the deal, they were now the one's that were going to be sued because the deal fell through, and they lost business on it.

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