Google Play Seller Account. Why am I considered a legal entity?

Question

Google

Yesterday I registered a developer account, at the same time I registered a seller account. When registering, they did not ask who I was and what I was, they simply asked me to enter the name of the company, address, etc. In general, now in my "Company Profile" section, the type of account is displayed: "Legal entity". I set up the payment details without any problems. But I am interested in the question, what problems can I face with this type of account? And why didn't I have a choice when registering?
And what else should I write here?