Legal entity

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Legal entity

A person or organization that can legally enter into a contract, and may therefore be sued for failure to comply with the terms of the contract.

Legal Entity

A person who can enter a contract and therefore may be sued. A legal entity can be held liable for damages. It is important to note that a legal entity need not be an individual person. A corporation or other duly constituted organization is recognized as a person and, as such, is considered a legal entity.
References in periodicals archive ?
Total quantity or scope: Natural gas supply for 12 months at the 79 instituiii with legal personality, with 164 points underlying consumption in the City of Brasov, as detailed in Appendix 1 .
40 213320615, intends to purchase for headquarters and its subordinate units in structure and without legal personality, as needed and within budget approved fuels (motor fuels based vouchers BVCA), required for carrying current.
15, Intends to Purchase the Units of Structure and Subordination Without Legal Personality, as Needed and Within the Approved Budget, Precision Scales.
40 213320954 Fax: +40 213320615, intends to purchase the unit without legal personality structure, as needed and within the approved budget, trailers - 8 pieces required for standard means of measuring displacement and staff checker, moving standard weights and volume vessels for legal metrology controls through unannounced inspections and testing, periodic metrological verification of measuring instruments in the public interest metrological verification prepackaged products, technical checks means the game checks / calibration measurement, etc.
Purchase the Subordinated Unit Without Legal Personality, Regional Directorate of Legal Metrology Remix -Sjmldambovita, as Needed and Within the Approved Budget, Auto-Laboratory Crane Arm - 1 Piece Needed to Move the Standard Mdm and Staff Checker, Mass Displacement and Vessel Volume Standard for Legal Metrology Controls the Unannounced Inspection and Testing, Periodic Metrological Verification of Measuring Instruments in the Public Interest Metrological Verification Prepackaged Products , Technical Checks Means the Game Checks Calibration Measurement, Etc.
According to This Specification Supplier Is Obliged to Provide Special-Purpose Vehicles Trailers, for Its Subordinated Units Without Legal Personality (Drml Constan A, Drml Cluj Napoca, Arad Sjml, Etc.
According to Amnesty International, enforced disappearances violate a person's right to fair trial, right to humane conditions of detention, right not to be subjected to torture or other cruel, inhuman or degrading treatment or punishment, right to a legal personality, and the right to life "if the disappeared person is killed or their fate is unknown".
The Competition Council is a separate legal personality, which enjoys administrative and financial independence, seeks to promote fair competition, and prevents monopolistic practices that affect the legitimate competition in order to achieve the economic policy pursued by the Kingdom in the economic field and promote the climate of competition in business sector.
He stated that Palestine's accession is its natural right and a reflection of the legal personality of the State of Palestine at the international level.
Joining the ICC to become the 123rd member is a natural right for Palestine and an embodiment of its legal personality on the international level, OIC's Secretary General Iyad Ameen Madani said in a statement.
This, he said, included the evolution of the Republic of Cyprus into a bicommunal, bizonal federation, with political equality, as defined in the relevant UN resolutions, the High Level agreements of 1977 -- 1979 and the Joint Declaration of February 11, 2014, with a single sovereignty, legal personality and citizenship.
Rwanda's defense was that it should NOT be held responsible for the actions of the Commission of Abandoned Properties which illegally took over UTC, as the Commission has its own legal personality.