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
Legal Entity Law & Legal Definition. Legal entity refers to anything other than a natural person that can function legally, enter into a contract, sue or be sued, and make decisions through agents. A legal entity, under the law, is responsible for its actions and can be sued for damages.For example, a corporation is a legal entity. legal entity, under the law, is responsible for its actions and can be sued for damages.