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can you like answer d question and let pple dat need the answer learn from it... instead of hiding d answers....
Separate Legal Entity Where companies are/have/can: - Different from its member, directors - Limited Liability - Sue or be sued - Own assets - Enter Contracts - Commit crimes (pollute)
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∙ 15y ago
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What does pa stand for after a doctors name?
"PA" stands for Physician Assistant. Physician Assistants are healthcare professionals who practice medicine under the supervision of licensed physicians. They can diagnose and treat patients, prescribe medication, and assist in surgeries.
What does PA mean in a doctor's name?
It's a legal term to describe a separate legal entity - Professional Association. It's a form of incorporating a group of professionals, such as physicians, or dentists, or attorneys, or accountants to allow the individuals protection from lawsuits.
What is the meaning of financial entity?
A financial entity is a legal/financial term. It refers to a legally created person as opposed to a natural person.
Term accountants use to describe the separation of personal and business records?
Separate Entity Assumption
Is take over and acquisition the same?
In a general sense, mergers and takeovers (or acquisitions) are very similar corporate actions - they combine two previously separate firms into a single legal entity. Significant operational advantages can be obtained when two firms are combined and, in fact, the goal of most mergers and acquisitions is to improve company performance and shareholder value over the long-term.
Explain the term entity?
1 a : being, existence; especially :independent, separate, or self-contained existence
The difference between incorporated and unincorporated business?
The term incorporated refers to the process companies go through to become a separate legal entity from the owner/s. This means the business exists in its own right, its own legal entity. Regardless of what happens to individual owners (shareholders) of the company, the business continues to operate. The business has taken on a life of its own.An unincorporated business is a sole trader or partnership where the business entity and the owner are one and the same. When the owner dies then so too does the business entity.
What is a corporate trustee?
A corporate trustee is exactly what the term implies: A trustee that is a corporation rather than a person. Although it will vary from state to state depending on that state's laws, a trustee may be any type of recognized legal entity such as a person or corporation. Sometimes corporations such as banks are made trustees of large trusts to take advantage of their expertise in investing and handling assets. Such a trustee will be referred to as a corporate trustee.
What are insider trading transactions?
Insider trading" is a term that most investors have heard and usually associate with illegal conduct. But the term actually includes both legal and illegal conduct. The legal version is when corporate insiders-officers, directors, and employees-buy and sell stock in their own companies. When corporate insiders trade in their own securities, they must report their trades to the SEC
Can you donate your term life insur policy to your church?
The individual term insurance policy cannot be donated to a seprate legal entity, excepting the nominee prescribed in the proposal form and notified in the policy bond.
What is the meaning of entity set?
entity set is term as a collection of logicaly related entities.
What does the term legal cases refer to?
A legal case refers to a dispute between 2 people or parties, that will be resolved by a judge or an arbitrator. The decision made by the judge or arbitrator will be upheld by a court of law or similar legal entity. These legal cases will be considered either civil or criminal and tried accordingly.
