Question

define business entity​

Answer 1

Explanation:

An entity is an organization created by one or more individuals to carry out the functions of a business, and that maintains a separate legal existence for tax purposes. ... Entities refer to the structure of the business rather than what the business does. They can include sole entrepreneurs, corporations.

Answer 2

A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service.