legal entity

legitimate entity, body or organization that has legal authorization

The term legal entity is sometimes used:to refer to a juristic person, an artificial entity that the law treats for some purposes as if it were a person, such as an incorporated organization.as a general term to describe all entities recognized by the law, including both juristic and natural persons.
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A person or organization that can legally enter into a contract, and may therefore be sued for failure to comply with the terms of the contract.