Legal Entity

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+A **legal entity** is an individual or organization with legal standing, separate from its members or owners. Recognized by [Law](/wiki/law), it can enter into [Contracts](/wiki/contract), own assets, and incur liabilities, existing as a distinct subject of rights and obligations.
+## See also
+- [Corporation](/wiki/corporation)
+- [Personhood](/wiki/personhood)
+- [Partnership](/wiki/partnership)
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