Laws for Businesses

Because stockbrokers are responsible for handling important financial transactions for others, both the federal government and individual state governments regulate the actions and qualification...

If you are an inventor or budding inventor, you might be having lot of questions in your mind before marketing your invention, such as how to obtain patent for my invention? Is my invention...

An LLC stands for limited liability company, often mistakenly called a limited liability corporation. It can be considered a cross between a corporation and a limited partnership.

Indian patent office conducts patent agent exam yearly twice in the month of May and November. For new comers, they have doubts on how to appear the exam and what are procedure to attend the exam....

Because inventions are often made from the efforts of more than one person, it is sometimes necessary to enter in to a patent with other people. When this happens, the patent is called a joint...

A tax ID is an identification of the taxpayer. For individual taxpayers, it's your Social Security number. Most businesses, however, are required to have a separate number for federal tax purposes.

Disability employment allows people with disabilities to have the same access to employment opportunities as anyone else. Under the Americans with Disabilities Act, employers are prohibited from...

California Civil Code regulates rental car companies, providing specific guidelines for rental car insurance. The regulations require full disclosure of information relating to an offer of...

Periodically, worries about the strength of financial institutions arise. Most people know about the Federal Depository Insurance Company (FDIC) protecting their bank assets, but few realize that...

When a person violates an order of a judicial court, such as failing to appear in court when required to do so, a judge in the case has the option of issuing a bench warrant. This bench warrant...

Banks are regulated to ensure their financial security by adhering to reserve and capital requirements. These requirements are imposed and supervised by agencies of the federal government, such as...

U.S. Postal Service package shipments are quite convenient for most consumers, and they can be monitored throughout the entire transit. Packages shipped via U.S. Postal Service can be tracked...

A mortgage cram-down occurs when a bankruptcy judge has the power to or parties agree to reduce the value of the principal on a mortgage. This is usually done without the consent of the mortgage...

If you are a job seeker hunting for new opportunities, or are simply curious about the goings on of your neighborhood or town, one way of getting a head start on learning of new developments is to...

Statutory agents are third-party individuals or business entities that are appointed by a corporation or limited liability company (LLC) to be the party responsible for delivering documents to the...

Employer Identification Numbers (EINs) are nine digits long and are used for tax purposes. While credit bureaus and the IRS have access to algorithms that can identify the owner of the EIN...

A statutory agent can be defined as any individual or group that accepts the legal responsibility to receives all legal documents intended to be served to a particular company and is responsible...

In any social system where a hierarchical structure is to be followed, there is a charter. A charter serves as a collection of laws, rules, rights and freedoms to be granted and used by members of...

From the lawyer's perspective, the bankruptcy process is procedural, with most of action taking place away from the courtroom. Nonetheless, bankruptcy law abounds with complexity the lawyer must...

When original effort results in an invention, it is the patent that guarantees the inventor's ownership. This basic right serves as a backbone of research and development, and the tradition of...

The process of purchasing goods or services through the mail is referred to as mail ordering. There are specific shipping rate rules that apply when conducting these types of mail transactions for...

Form 1099 is a tax form used by the Internal Revenue Service to track interest, dividends or compensation paid to independent contractors. Independent contractors are businesses or individual...

A patent is the legal right to exclusive use of a new technology. Patenting an invention guarantees the inventor the exclusive right to develop his new invention. Patents are considered public...

All nonprofit organizations have a mission statement that they work toward fulfilling. Objectives for nonprofits are primarily arts, education, cultural, civic, advocacy and social in nature. Once...

A material safety data sheet, or MSDS, is required by federal law to accompany all potentially hazardous materials. It is not intended for the general public; it is for the companies that use the...

Every person applying for work in the United States must fill out a federal Employment Eligibility Verification form, known as the I-9. Both citizens and non-citizens must complete this form. The...

MSDSs are important for people who work around chemicals or who have to deal with them in an emergency situation. The letters MSDS stand for Material Safety Data Sheet. Each employer is...

The Property Stock and Business Agents Act, first passed in 2002, provides for the regulation of those who sell property, stocks and other business commodities in New South Wales. It replaced the...

For profit organizations exist to make money and benefit the owners of the company. Not-for-profit organizations exist to benefit the larger community and all revenues received are applied to the...

A sole proprietorship is a business opened under the name of one individual or married couple. The sole proprietorship is not a separate entity, and all taxes are filed on a personal tax return....

Under proxy voting, a member of a voting body authorizes another member of the same body to vote on his or her behalf in case of the first member's absence. The practice is common in governance of...

There is no federal legislation to standardize the enforcement of apartment occupancy laws. Though the Keating Memorandum of 1991 states that a policy of two people to a bedroom seemed sound to...

Labor laws are standard practices that all businesses, governments and organizations in America are expected to abide by. Understanding these laws and how they apply to the workplace can help...

A tender offer is a method through which a potential investor in a company can purchase shares of stock in a company for a limited amount of time without doing so on the open market. In many...

Alaska Natives began using oil seeps in prehistoric times. Not until 1902 did Alaska's first oil well, at Katalla Bay southeast of Cordova, begin production.

According to the Encyclopedia of Taxation and Tax Policy, a "windfall profits" tax is a tax leveled by a government on profits that it deems unusually or unfairly large. Large profits are dubbed...

The International Code Council (ICC), an international association of professionals across many industries, publishes a variety of codes annually. These codes are useful in industries like...

MSDS refers to Material Safety Data Sheets. These data sheets are designed to provide both workers and emergency personnel with the proper procedures for handling or working with a particular...

A board of directors is a group of individuals elected by the shareholders of a company to oversee the management of that company. Boards traditionally meet at the conclusion of every quarter to...

The Michigan Department of Energy, Labor & Economic Growth administers MIOSHA, the Michigan Occupational Safety and Health Administration. MIOSHA's mission is to promote the health and safety...

OSHA stands for the Occupational Health and Safety Administration. This branch of the U.S. Department of Labor helps protect private-sector employees from workplace-related injuries, illnesses and...

Investors would be unlikely to put money into a corporation if they knew the potentially limitless debts of the company could eventually come back as personal debts on themselves. But if an...

Market cap is short for market capitalization, a measure of a company's outstanding shares' complete dollar market value. This value is the product of one share's current market value and the...

Nightclubs are a popular destination for many young people. Protecting yourself while having a good time is important, especially in today's world. In February 2003, The Station nightclub...

Cell towers are an essential aspect of modern communication. In an effort to provide more efficient cell phone coverage to a wider area, communication companies are erecting more towers every...

The term "airline deregulation" has been in the news for decades. Many people mistakenly believe that this means there is no more governmental control of the airline industry. Nothing could be...

The taxation of salt has been the most famous aspect of India's tax law history. Taxes today include long- and short-term capital gains and income taxes. Keep in mind that you will be taxed on...

Employers protect workers by maintaining safety at the business location. The work performed by employees and workplaces are safety responsibilities. Attend to maintaining a good environment for...

You get what you expect; however, your level of expectation cannot surpass your capacity to believe. Therefore to change your life and attract more money, you must first see the life you desire...

President Franklin D. Roosevelt signed the Fair Labor Standards Act into law on June 25, 1938. It set federal standards regarding minimum wage and child labor.