General Business Law

As society as a whole becomes more and more litigious, it is important to fully document and report business relationships in a thorough and concise way. Knowing how to define the proper business...

Estate and financial planning go hand in hand when you have a business partner. As part of your overall business plan you need to take into consideration what will happen to your business in the...

Preparing to obtain your general contractor's license requires knowing your state's requirements for such a license and some combination of construction-related education and years working in the...

Creating a well-drafted contract is a challenging task, even for a lawyer. In a purchase and sales agreement, every word has potential legal consequences, and careless or uninformed errors could...

A good supplier agreement is not designed to win a courtroom battle. Its aim is to keep the parties out of court in the first place. A long-term agreement should be well-drafted for all...

The United States, Canada and Mexico signed the North American Free Trade Agreement during the early 1990s to reduce the restrictions on trade between them. In order to take advantage of this,...

EIN stands for Employer Identification Number. The IRS permanently assigns EINs to businesses for tax and identification purposes. Once issued, this number can be used for general business needs,...

Determining the validity of a business' license is a fairly easy process, thanks in large part to the Internet. Making a few phone calls is just as effective. A business is required, by law, to...

In today's society, there is a growing need for Architectural Expert Witnesses. What are they? And how do they serve the courts and the public? Come along, as this architect and expert witness...

A legal partnership agreement can be automatically dissolved if a partner files for bankruptcy or dies, or upon completion of a specific task related to the partnership agreement. If a partner...

Sole source contracts imply that there is one company or person that can provide the needed service to the state, according to Slippery Rock University. Construction items, supplies and services...

A $10,000 surety bond is often required to engage in commercial activity. The bond may be required under a contract to guarantee your performance, i.e., if you fail to complete the contract, the...

Forensic accounting is an accounting style used to find fraud or other problems with the accounting practices of a business or family. These frauds or other issues can often be hidden in the...

Illinois school districts encourage booster clubs and view them as a valuable resource for fundraising and other assistance for the school's activities, such as sports teams, bands and...

Of all the business organizations available, sole proprietorships are the easiest to form. Taxed by the IRS as an individual, these organizations are very common and can be formed in any state...

A sole proprietorship is one of the four basic types of business organization. The easiest kind of organization to create, it also has some of the largest drawbacks. A sole proprietorship is not...

Physicians should carefully select a corporate form of business based on their individual or group needs. Physicians who are considering joining a group practice should carefully evaluate their...

A limited family partnership is a partnership where all members are family members. Family partnership members include general and limited partners.

Nobel laureate Jose Saramago once said, "As citizens, we all have an obligation to intervene and become involved--it's the citizen who changes things." In many states across the nation, citizens...

Are you in need of a reputable lawyer? Follow the step by step guide below and you’ll find that finding a local attorney is easier than you think.

There is a long and colorful history of bars that have opened in Washington State. One of the oldest bars in Washington is The Brick. In 1889, John Buffo and Peter Giovanni built a tavern at 1...

Legal documents are executed in a variety of different ways. The manner in which a legal document is executed depends both on the underlying purpose for it as well as the law that applies to the...

Any college, university, or educational program that participates in government-funded programs must achieve accreditation from an accrediting organization recognized by the U.S. Department of...

One or more persons may form a business corporation for any lawful purpose. There are liability and tax benefits for doing forming a corporation. The corporation does not exist until the secretary...

An arm's length agreement is one that is not influenced by anything except normal market influences like supply and demand. "Arm's length" refers to the strictly business relationship between the...

If you are bound by a business sales agreement and wish to terminate it, you should carefully consider your options. While in some cases you will face civil liability for terminating a signed...

Royalties are a percentage of sales paid to artists such as writers, musicians and filmmakers when a distributor sells their intellectual property. They are usually determined in a licensing...

Taking out new secured loans can help repair your credit rating after a bankruptcy, but salvaging your business reputation can be considerably more difficult. Your customer base may vanish and...

Medical bill auditing is important in situations where you have extensive medical treatment, such as that involved with an extended hospital stay. With numerous medical personnel attending to your...

Prior to the advent of lemon laws, savvy automobile buyers were sure to bring the family mechanic along to check out a car before making a purchase. But now consumers can invoke the lemon law to...

If you operate your vehicle for your business, you can choose from two different methods of calculating the amount of the tax deduction you can take for using it. The standard mileage deduction...

You will need to get a Writ of Execution if you intend to attempt to recover property as payment for a debt. You may opt to attempt to seize real property (a home or land) or personal property (a...

An S corporation and an LLC are considered separate legal entities.Both entity types will limit the personal liability of the owners for business obligations. S corporation shareholders and LLC...

A general partnership is often considered a desirable way to start a co-owned business because of the relatively small expense and lack of formal organization requirements that are needed to form...

Tracking down the officers of a corporation is usually very easy. The information you need is often found online, provided by the corporations as required by law. Every state has a different set...

There are several direct and indirect methods for obtaining copies of police reports or conviction records, but before you begin your search, it is helpful to obtain an individuals full name, date...

Negotiating a business purchase can be deceptively difficult. The difficulty varies according to the complexity and type of deal that is being negotiated. For example, negotiating the purchase of...

An S corporation is a qualifying corporation that has elected to receive special tax treatment from the IRS and is exempt from most federal taxes. The major difference between an S corporation...

The Hazard Communication Standard was adopted by the Occupational Safety and Health Administration (OSHA) in 1983. The Hazard Communication Standard states that companies producing and using...

Minority business owners seeking to expand and develop their business need to access government business opportunities. Billions of dollars in government contracts for products and services are...

With plagiarism all over the internet, learn how you can copyright your photos and protect all of your original work of art. Learn what copyrights you need to obtain to make your products safe!

A contract is a legally enforceable agreement between two or more parties. The agreement is legally enforceable if the parties are competent to enter a contract and reach mutual agreement to...

Bankruptcy involves a government overseeing the dissolution of a business when it fails. Nationalization involves a government taking ownership of a business regardless of its financial state.

When business owners wish to change their business name or the name their products are sold under, there can be many legal and financial repercussions. Among these is the hassle of changing the...

Starting your own company requires much preparation and research before you can even get your business started. One of the first things that is required for starting a company is to establish a...

Non-compete agreements are difficult to enforce because courts don't look very favorably upon them. They exist in the space between an individual's almost unlimited ability to enter a contract and...