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LSDefine

Simple English definitions for legal terms

entity

Read a random definition: husfastne

A quick definition of entity:

An entity is a person or organization that has its own legal rights. This means that it can own things, do business, make agreements, pay taxes, and take legal action. It can also make decisions through other people, like a company or a group. A legal entity is like a legal person, with its own rights and status.

A more thorough explanation:

An entity is a person or organization that has its own legal rights and can act as a separate entity. This means that it can own property, do business, make contracts, pay taxes, and even sue or be sued. An entity can make decisions through agents, such as a corporation, state, or association. In legal terms, an entity is like a legal person, with its own rights and status.

  • An individual person is an entity. They have their own legal rights and can make decisions for themselves.
  • A partnership is an entity made up of two or more people who work together in a business. The partnership has its own legal rights and can enter into contracts and own property.
  • A corporation is an entity that is owned by shareholders and run by a board of directors. The corporation has its own legal rights and can do business, own property, and sue or be sued.

These examples illustrate how entities can be different types of organizations, but they all have their own legal rights and can act as separate entities. This means that they can make decisions and take actions on their own, without needing to rely on individuals to do so.

enter a judgment | entity liability

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General chat about the legal profession.
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texaslawhopefully
22:30
@KnowledgeableRitzyWasp: That all sounds great. It sounds like it has fairly diverse cuisine for a smaller city
yeah there are so many good cuisines in ithaca
renard99
22:31
@lilypadfrog: that’s a pity I’da be liking them all
texaslawhopefully
22:31
Only food I’m going to miss for sure if I leave Texas is texmex
22:31
waspy hasnt had thai food in ithaca yet. ithaca thai is so good
^^^^ truuuuuu
22:32
there are two major thai places and they have very similar names bc a divorced husband and wife own them lol
22:32
personally i think taste of thai is better than taste of thai express but thats just me
i had pho tho and it was really good and huge portions
texaslawhopefully
22:32
Glad they have good Thai food, I love Thai food! Can’t wait to visit :)
22:33
when tex goes to ithaca i want to come
Dkk
22:34
Crying Tiger, best Thai dish.
damn im so hungry all i had today was a curry tonkatsu and buldak
and it was a lil baby noodle cup
vvv hungry
22:36
curry tonkatsu so yummeh
22:36
whats even open rn? pizza?
CTB is it i think
22:37
is collegetown pizza not open
22:37
i used to get a slice from there or wings over at like 1am after my shift at the restaurant
Dkk
22:48
Ross Ulbricht free. God Bless Trump. Huge win.
JeremyFragrance
22:54
agreed
texaslawhopefully
22:55
This is an interesting read: https://thedispatch.com/article/birthright-citizenship-trump-implications/
Dkk
23:01
I mean, idk how it's possible to end birth right citizenship without amending the constitution because to me the 14th amendment is pretty clear about it.
ross ulbricht tried to hire a hitman to kill 5 people
i am not that sympathetic to him
Dkk
23:04
@KnowledgeableRitzyWasp: That might have been an FBI agent. It was most likely him and he was most likely doing it to retrieve stolen funds that corrupt FBI agents stole, but yeah moral gray area but me personally, cool with hitmen. It's not like it is uncommon to hire hitmen. I don't think the action itself is necessarily wrong but the intent behind it can be.
Dkk
23:05
Like, Boeing whistblowers being killed by hitmen = wrong but a guy hiring hitmen to retrieve stolen funds = good to me.
texaslawhopefully
23:05
@Dkk: Yeah, for sure. My guess is it'll go to SCOTUS and it'll be 8-1 or 7-2, saying that EO was unconstitutional.
Dkk
23:06
Indeed. I need a count for how many exectuive orders he has signed and how many already have pending lawsuits.
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