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Which entity puts a financial asset in the market?
issuer
Which kind of business is treated as a separate legal entity?
corpation
Who is a co-issuer?
A co-issuer is a party, typically a financial institution or entity, that is jointly responsible for issuing a financial security or instrument along with another issuer. Both co-issuers share the obligations and liabilities associated with the issuance of the security.
Is a partnership firm has any legal entity?
No, a partnership firm has no legal entity. Registering the partnership firm means registering the partnership relation. firm has no separate legal entity.
Is it legal for a person who has power of attorney to with draw money from an account after the person is deceased in Ohio?
Yes. A Power of Attorney gives the holder of the same, unlimited power in terms of carrying out any kind of activities on the issuer's name. The holder of the power of attorney can act as a proxy to the issuer and carry out banking transactions on his behalf. It is perfectly legal.
Is a consolidated entity an accounting and a legal entity?
A legal entity is normally formed with formal registration (eg commercial registeratin) which is governed by an established law. However a consolidated entity is a REPORTING entity to provide users of financial statements with information about a legal entity (parent company) plus the financials of other entities (with separate legal entities) under their control.
Where does a corporation gain separate legal entity in the History of American law?
what is a separate legal entity for a corporation?
Is sole proprietorship a legal entity?
Yes, but it is not a separate legal entity, it is not separate from the owner, like a corporation is.
Distinguish between legal entity and accounting entity?
An accounting entity is the economic unit, the business that is being accounted for and not necessarily a legal entity (Sands J 2002). I currently manage and submit accounting reports for a business unit within the company I work for, the business unit is an accounting entity with retained earnings, assets, etc... however the business unit is not in itself a legal entity, it is a department within a legal entity.
Is an issuer of a bond a lender or borrower?
An issuer of a bond is a borrower. When an entity, such as a corporation or government, issues bonds, it is essentially borrowing money from investors who purchase the bonds. In return for their investment, the issuer agrees to pay back the principal amount at maturity and make periodic interest payments. Thus, the issuer incurs debt while investors become creditors.
What is a legal entity in oracle apps?
A legal entity is a clearly identified entity, which is given rights and responsibilities under commercial law, through registration with the country's appropriate legal authority. These rights and responsibilities are enforceable through the judicial system. A legal entity generally has the right to own property and trade, and the responsibility to repay debt and comply with labor law. Legal entities are responsible to account for themselves to company regulators, taxation authorities, and owners according to rules specified in the relevant legislation The legal entity belongs to the organization's own corporate legal structure (enterprise). The legal entity is referred to as the internal legal entity and is the initiator and owner of a given transaction.Yusuf Akolawala
What is legal entity in oracle apps?
A legal entity is a clearly identified entity, which is given rights and responsibilities under commercial law, through registration with the country's appropriate legal authority. These rights and responsibilities are enforceable through the judicial system. A legal entity generally has the right to own property and trade, and the responsibility to repay debt and comply with labor law. Legal entities are responsible to account for themselves to company regulators, taxation authorities, and owners according to rules specified in the relevant legislation The legal entity belongs to the organization's own corporate legal structure (enterprise). The legal entity is referred to as the internal legal entity and is the initiator and owner of a given transaction.Yusuf Akolawala
