Main Page | See live article | Alphabetical index A commercial entity is a legal construct capable of bearing rights and obligations and entering into legal contracts in its own name. Commercial entities are sometimes colloquially refered to as "paper people" due to their legal status of having many of the same rights and obligations as "flesh and blood people". Commercial entities include: corporations nations states cooperatives (co-ops) collectives unions municipalities political parties political action committees (PACs) estates This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License.