A legal entity is an entity that, according to the law, has the capacity to sue, be sued and be a party to a judicial proceeding. When a person or entity is recognized as a legal entity, it is granted the power to take legal action and extensive rights to protect its interests.
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What are legal & professional fees?
Legal and professional fees refer to the fees reasonably and adequately charged by the lawyer hired by the insured to take the necessary steps to protect the interests of the insured in connection with a litigation, and include reasonable out-of-court disbursements and expert witness fees that are not reimbursed by the insured. This portfolio covers legal and accounting fees and analyzes fines, penalties, bribes and bribes.
Is a corporation its own legal entity?
A corporation, sometimes called a C corporation, is a legal entity independent of its owners. Corporations can make profits, pay taxes and be held legally responsible.
What Are the Fees and Benefits of Prepaid Legal Services?
Learn about fees & benefits associated with prepaid legal services from an expert's perspective. Understand what is covered by your plan & make an informed decision.
What is the Cancellation Policy for Prepaid Legal Services?
Learn about cancellation policies for prepaid legal services so that you can make an informed decision about whether or not it is right for you.
