Outrageously Funny Word Dictionary :: Nonflagitious

👉 In the context of law, nonflagitiousness refers to a type of legal entity that is not bound by its own contract or other legal obligations. This means that it cannot be sued on its own behalf, but rather must rely on the consent of its owners or another legal entity for enforcement of its rights. Nonflagitious entities are often used in international law and are characterized by their lack of a formal legal personality. Instead, they operate under the supervision of a governing body or authority, such

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👉 Non-flagitiously is a phrase used to describe someone who is not flagrant or overtly disrespectful. It implies that they are acting in a manner that is not considered impolite, but rather in accordance with polite behavior or social norms.

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👉 In accounting, a nonflagitious entity is an entity that is not classified as either a sole proprietorship or partnership. It refers to entities that do not have separate legal personality and are considered to be part of the business community. Nonflagitious entities can include individuals who own shares in a company but are not listed on a stock exchange, individuals who hold shares in a limited liability company (LLC), and individuals who hold shares in an unincorporated association or corporation.

nonflagitious

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