legal entity

(redirected from Commercial entity)
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Under this approach, liability is limited to circumstances under which the commercial entity had good reason to believe criminal activity was likely.
Asked about the timing of the challenge, considering the Levy Board sold the business more than seven years ago, Steinberg said: "We are looking at it more closely now because selling a service for pounds 1 is one thing, but when it's set up as a commercial entity it's time for any sensible business to take a close look at grants and preferential loans underlying the creation of that business.
Table 2 illustrates selected financial statements effects concerning Jackson's investments assuming that Jackson is a commercial entity.

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