You must meet the following educational requirements set by Pennsylvaniaâs State Board of Accountancy in order to become a licensed CPA: 1  Possess a minimum of a bachelorâs degree and complete 150 semester hours of education, that incorporates 24 semester hours in accounting, to include:
Quick Answer. A legal entity name is a term that refers to a group of real people, called natural persons, that acts as one entity for legal matters. Examples of such legal matters include contracts or lawsuits. Legal entities include corporations, unions and political parties. Continue Reading
(D) a governing person or an affiliate or officer of the person. (3) Association means an entity governed as an association under Title 6 or 7. The term includes a cooperative association, nonprofit association, and professional association. (4) Assumed name means a name adopted for use by a person. The term includes an assumed name filed under Chapter 71, Business & Commerce Code. (5) Business means a trade, occupation, profession, or other commercial activity.