Subjects>Law & Government>Law & Legal Issues

What is an example of a separate legal entity?

Anonymous

∙ 12y ago

Updated: 11/10/2022

lee was the controlling shareholder having 2999 shares out of 3000 shares of company and was director of a company formed by him. he was also employed by the company. he was killed in the accidents and his wife claimed compensation from the company. but her claim was successful. it was held that lee and the company had separate legal personalities and compensation was payable to lee as an employee.

Wiki User

∙ 12y ago

What else can I help you with?

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.

Is a corporation a separate legal entity?

A corporation is an institution recognised a separate legal entity distinct from its members.

A business organized as a separate legal entity owned by stockholders is a partnership true or false?

A business organized as a separate legal entity owned by stockholders is a partnership.

A corporation is a legal entity separate from its owners?

YES!

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.

Which kind of business is treated as a separate legal entity?

corpation

Did James hardy abused separate legal entity?

yes,

What is entity known as?

An entity is an individual, organization, or object that is considered to be separate and distinct. In business or legal contexts, an entity can refer to a company, corporation, or institution that has its own legal existence.

Difference between accounting entity and legal entity?

The accounting entity suggests that the owners funds are kept separate from the business's, The legal entity however considers them to be the same account when seizing assets for reasons such as debt

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.

A business organized as a separate legal entity owned by stockholders is a partnership?

false

Trending Questions

If you're underage and get pregnant by an overage man could charges still be pressed against him if you get married? What are the key differences between a Texas common law divorce and a traditional divorce in Texas? How do you know if they will extradite you for a felony warrant if they are holding you? How close from a property line can you extend your driveway? What is the meaning national contract? What we call drivers who drive at erratic speed and weave in and out lanes? How can minimize crime? Which house operates under the single member district arrangement? Can Americans travel to North Korea? What right is protected when a citizen serves in jury? How does the 25Th amendment affect the country today? Why did the police break into the house? Which term for alliance of independent states that has a very weak central and gives supreme authority to the states? How shall all trials except impeachment be held? My girlfriend's dad is recording our conversations with out us knowing is this illegal? When you get a cvc 21453a ticket was it a photo taken at the intersection? How does the court decide whether your case is serious or not? How can legal guardianship be given to a relative? How do I know if I qualify to file bankruptcy in the state of Ohio? Is possession of xanex a felony?