Discover the expert in you.
Discover the expert in you.
A commercial property transfer appeal challenges the transfer of commercial property from one owner to the other. Several reasons exist for one to file an appeal against the property. The first is that there is a cloud on the title, meaning the ownership history of the property is in question or unclear. Another reason is that the property was incorrectly assessed. A person may also want to file an appeal if he feels the property was incorrectly zoned as commercial. In any case, the person should seek a legal professional to aid in the filing of the appeal.
A buy-sell agreement is ideally drafted at the creation of a corporation, limited liability company or partnership. Buy-sell agreements can avert costly legal disputes by laying out preset plans for selling assets upon triggering events. The dissolution of a business or the death, disability or retirement of a partner are events that trigger buy-sell agreements. A buy-sell plan should clearly state to whom and how assets may be purchased; under what conditions; and most importantly, how the pricing of assets shall be determined. Buy-sell agreements may be customized to suit each specific circumstance involved. However, certain basic methods are regularly…
A networking group puts like-minded people in touch with one another. Networking is essential in the professional world. Finding professional allies often leads to a wealth of important relationships and a growing list of client leads. Networking groups facilitate these connections. Writing a service agreement between networking groups and participants is often necessary when participant data -- professional titles and contact information -- are listed on networking websites and other media. Compose your agreement in a few straightforward steps and take your networking group to the next level.
A commercial land title is a document that shows who owns a parcel of land, description of the land, the purchase date and selling price. Commercial land owners are required to have a title deed as a legal proof of land ownership. Information can be found at a tax assessors' office. You can also appeal a commercial land title at a tax assessor's office to determine the current value of a land parcel, which is also useful in determination of accrued land rates. Valuation of commercial land is carried out prior to filing a land title appeal.
Sales agreements are legal contracts that obligate a buyer to purchase property, and the seller to go ahead with the sale. Such agreements are available in all aspects of business, but are primarily used in real estate. Sale and purchase agreements essentially allow individuals who are not meeting mortgage criteria the opportunity to purchase homes and commercial property. However, there are several disadvantages associated with sale and purchase agreements.
Illegal poaching is a global issue that has affected animals and has led to the endangerment of many species. Live animals are captured in native habitats and sold for pets or research purposes, or are killed to have their parts sold for medicines, food, clothing and accessories.
Foreign-trade zones (FTZ) are secure areas that are under the supervision of U.S. Customs and Border Protection (CBP). These zones are usually located outside of CBP territory at the time of activation. Foreign-trade zones are the U.S. equivalent of what is internationally known as free-trade zones.
Project management describes the process by which specific goals and outcomes are determined and obtained in business. Goals range from minimal, one-time efforts to large-scale multiple-year plans. In either situation, project management often utilizes contracts to bind parties to an agreement to meet predetermined goals. The type of contract used depends on the stated goals, financial realities, resource availability and other economic considerations. Industry practices may also steer contracting parties to a particular type of contract.
Limited liability company (LLC) owners (aka members) may give money or property as a capital contribution to fund the LLC's operations. The amount that a member receives back for his contribution is called a return of capital. An unreturned capital contribution is the amount that the LLC owes a member after deducting distributions he has already received. The Business Organizations Code of Texas, Chapter 101, governs LLCs. Generally, the amount of unreturned capital for distribution is proportionate to the fair value of the capital contribution.
The American Bar Association (ABA) is an organization serving the legal profession and the public. The ABA publishes policies and rules that improve upon and govern the legal system.
Latin American countries have never shared a unified trade policy. However, certain trends have waxed and waned in Latin American politics, resulting in a drift from protectionism to free trade. Currently, much of Latin America is enthusiastically pursuing free trade.
The Trade Agreements Act (TAA) refers to a law requiring the United States government purchase only "U.S.-made or designated country end products." Companies and contractors are considered TAA-compliant if they follow TAA guidelines.
According to the Appraisal Institute, an appraisal provides an objective analysis of all the factors that comprise the value of a property. The reasons clients request a commercial land appraisal vary, so the appraisal defines the purpose and use for the report. The report's function dictates the type of procedures the appraiser employs to reach an opinion of value.
If you own a motorcycle and you're planning on moving, or perhaps you sell the bike to someone overseas, you may need to ship it internationally. You can easily ship motorcycles using an international carrier, even to China. Your cycle must be crated and shipped on an ocean freighter. These companies can pick up the motorcycle at your home and have it shipped to China within approximately 45 days.
The Electronic Industries Alliance (EIA) has specific guidelines regarding the specifications for towers. These standards apply to all communications towers, including AM, FM, VHF, TV, Cellular/PCS and microwave towers. As of 2010, the standards only apply to steel antenna towers and the supporting structures within the United States, although many other countries do use the standards as guidelines. The EIA is accredited by the American National Standards Institute (ANSI). The Telecommunications Industry Association (TIA) is responsible for ensuring that standards are being met.
Shipping a motorcycle is a highly regulated process that is enforced by various government agencies. Whether your motorcycle is traveling via ground, air, or sea, you must comply with regulations given by the corresponding agency based on the mode of transport. A freight forwarder (a third party company that specializes in shipping freight) will handle all legal procedures of shipping your motorcycle. However, you must provide any requested documentation and must verify that the information is accurate and true.
Signatories to a free trade agreement usually agree not to impose customs, tariffs, or similar import duties on goods and/or services. Tariffs increase the cost of imported goods and make them less competitive and it is deemed to be in the interests of competition and fair trade to eliminate these where possible. Countries therefore often enter into free trade agreements whereby they agree to reduce and/or eliminate barriers to trade.
Confidentiality agreements are contracts. These agreements protect information from disclosure. When two or more parties agree to a confidentiality contract, also called a nondisclosure agreement, all individuals concerned consent to keep the sensitive information private. In business ventures, parties also employ non-circumvention agreements to protect privileged information.
An engineering change order or ECO is an order to change an engineering drawing, construction plan or schedule. Engineering change orders can also be called engineering change requests, baseline change requests, and engineering modifications.
A Janitorial Services Agreement is a written contract between a person or company and a janitorial service company. It is an agreement detailing the services that the janitorial service will provide to the company.
The work relationship between translators and their clients is frequently governed by written contracts. While direct clients and translation agencies often require translators to sign general translation agreements, translators should define project conditions in their own terms of service.
Unclaimed property refers to money that has been turned over to a state from financial institutions, insurance companies, former employers, landlords and other entities after they have tried, but failed, to deliver the asset to its owner. Unclaimed property includes not only money but also personal property such as family heirlooms kept in an abandoned safety deposit box. A statute of limitation is the time in which a person must act to preserve his legal rights. Unclaimed property is one of the few situations in which a person has an unlimited amount of time in which to act on his…
Working in sales entails presenting a product, service or improved offering to current and potential customers to gain sales. Many sales representatives sign an employment agreement to outline the details of the agreement between the employing firm and the representative, including terms of payment, length of time and noncompete clauses.
Foreign exchange, known as Forex, is the market mechanism by which money is traded every day, from one currency to another, in large sums. The price of the currency of each country fluctuates on the market, based upon the trader's evaluation of the strength and weaknesses of the economic conditions in each country. The U.S. Commodity Futures Trading Commission (CFTC) has issued rules, effective October 18, 2010, that all American citizens must follow when trading on Forex.
Buying land that has not been developed allows potential homeowners to build their dream home. Montana is a western state with a population of about 900,000 residents. The topography of Montana is one-third mountains and the other two-thirds is rolling plains. The process involved in the purchase of land is straightforward.
Limited liability companies (LLCs) operate through the members of the LLC. Each member owns a percentage of the LLC. When one member wishes to sell his LLC interest, an LLC purchase agreement must be written up.
You can import a Harley Davidson Motorcycle from the United States or another country to New Zealand as long as it meets New Zealand's regulations for road safety. Shipping a motorcycle to New Zealand is expensive, so it's important to make sure your bike meets all of New Zealand's importation standards and also to make sure that you have all the proper documentation so your bike doesn't get turned away at the border.
The Public Limited Liability Companies Act is a piece of legislation from Norway. The act defines what a public limited liability company is and also establishes regulatory powers to oversee the companies.
Export duties or tariffs allot a certain sum of money to a country's government in return for permission to transport and potentially sell goods abroad. Export duties may add to other taxes or duties, such as sales taxes, state taxes or separate import duties, imposed by the destination country. Precise export duties vary by country and according to the kind of goods for export.
The Companies Act of 2008 is a piece of legislation from South Africa. The act is extensive, and one of its aspects is to clearly define the role of various members of companies, including the duties of the company's secretary.
A standstill agreement is a contract between two parties that may be enacted when a hostile takeover of a company is threatened by another party. It can also be utilized if a lender cannot make payments to a debtor and is in danger of foreclosure or default.
A "certificate of origin" is a document specifying the country from which an item is being shipped. There are many reasons that a certificate of origin may be requested; most laws specifying the need for a certificate of origin when shipping are delineated in treaties and international trade agreements. Saudi Arabia requires certificates of origin in order to accept shipments through customs in any Saudi port.
A non-circumvention agreement, also referred to as a non-circumvent agreement, represents a legal document exchanged between two persons or two organizations who want to share some information that may be confidential for the purpose of entering into a business relationship, according USlegal.com. This agreement blocks the parties from going directly to each other's supplier or customer with the intent to "bypass" or circumvent the other party upon learning the name of each other's partners.
It is impossible to know how many animals there are in the world. Many species are similar, and many refuse to stay put in one area. This means that it is impossible to know what percentage of animals in the world is endangered. We do have an idea of how many species are endangered on each continent.
Limited liability bonds, more widely known as "revenue bonds," are bonds dispensed by local or state governments for the acquisition or construction of revenue-generating property or buildings, typically public works operations.
Switzerland is a small nation with a big economy. The Swiss economy is extremely stable, due in part to Switzerland's independence from the European Union and strong private banking sector. Despite their independence, the Swiss have many bilateral trade agreements globally and the nation is a key trading partner for Europe and the U.S..
Many do-it-yourself law books, such as those by Nolo Press and other publishers, provide samples of pro forma contracts. These documents raise interesting questions as to what separates a real contact from a pro forma contract.
According to the National Conference of State Legislatures, escheat laws vary from state to state. InvestorWords.com defines escheatment as the process of turning over unclaimed property or money to the state.
The Massachusetts Uniform Securities Act is the name for the rules and regulations applicable to dealing and trading securities in that state, as codified in Massachusetts General Law, Chapter 110A.
The U.S. Department of Agriculture enforces federal laws that regulate the quality of imported beef. The department oversees two inspection services that must approve foreign beef shipments before they can be released to buyers and domestic markets.
One of the first steps of starting a small business is deciding the name for the business. After you have decided on a name, you will need to register it. If you live in the state of New Jersey, you will need to first find out if the business name you desire is available for registration. If the name is available, you will be able to complete a form to register the name for your new business.
A pro forma session is a meeting with either the House or the Senate where no legislation takes place. It is normally held to meet the constitutional three-day rule requirement.
Passed in 2006, the Credit Rating Agency Reform Act is a piece of legislation that amends the Securities Exchange Act of 1934. The primary purpose of the act is to provide additional oversight on organizations that publish credit ratings.
An event production agreement is a contract between a person or group, known as the "talent," and a producer of an event venue. The actual agreement is signed by both talent and producer and lists the details of the agreement.
Full disclosure is making everything that is unknown about one or more subjects generally known. It is used socially and as a legal term.
Under the law in Alberta, Canada, any sole proprietorship, general or limited partnership or corporation using a "doing as business" name must register with the Alberta Corporate Registry. Registration includes selecting a unique business name and the filing of an application with the state via an authorized registry agent.
The Nebraska Limited Liability Company Act provides the basic structural rules for Limited Liability Companies that are formed in Nebraska. These statues require Limited Liability Companies to register with the Secretary of State, to prepare Articles of Organization and to maintain certain ongoing obligations.
Global bans on the trade of ivory and ivory products were instituted in the late 1980s largely in an attempt to preserve Africa's elephant population, but even before that the United States Department of the Interior initiated procedures whereby the trade in walrus ivory was severely restricted.
Preferred stock shares offer more benefits than common stock shares. The most common benefits have to do with dividend payouts. When it comes to preferred stock redemption, there is enon-redeemable preferred stock and redeemable preferred stock.
In Canada, registering a business is done on a provincial level. Ottawa is part of the province of Ontario so you will need to register your business through the Ontario government. The City of Ottawa also has resources available to help you get the appropriate license and find out what regulations are required for new businesses.
Anyone who is authorized to sign on an LLC's behalf is able to provide a legal signature for the company's actions.
An operating agreement, which is similar to a corporation's bylaws, lays out the structure and governing principles of a limited liability company, or LLC. While family LLCs are legally no different from typical LLCs, an operating agreement provides family members the flexibility to create the organization in the manner best suited for their needs.
An operating agreement is an agreement between members of a limited liability company (LLC) which outlines how the LLC will be organized, managed and dissolved. An operating agreement also states how the LLC is funded and governs how profits and losses will be distributed to members.
The United Arab Emirates (UAE) became a financial powerhouse in the past decade. Now struggling during the global recession, the UAE has worked hard to maintain fair trade agreements with many in the international community.
The Canada-Chile Free Trade Agreement opened doors to international trade between the two countries and allowed them to share resources. It also opened up economic opportunities and made it easier for nationals to travel between the two countries.
Before 1914 in California, the rights of water use were determined more or less by a first come, first served policy. In 1914, the State of California enacted new laws that required water to be used in a beneficial way. Those who neglect to use the water beneficially lose the rights to use the water. This has led to many positive uses for water in the state, such as irrigation and fire protection.
In Virginia, the State and Local Government Conflict of Interests Act requires that government officials and state employees disclose financial interests. Disclosure by 25,000 Virginia employees is recorded annually by Jan. 15.
Free trade is something of an oxymoron in that regulations exist to foster deregulation. The United States has a number of free trade agreements with nations such as Israel, Australia, Morocco, and Singapore. By regulating the terms of trade deregulation, free trade agreements are designed to create optimal trade environments wherein competition leads to improved labor and environmental conditions, as well as more sound business practices.
There are several types of engineering contracts available for engineers. While some focus on the unit price of a project, others focus on lump sum or incentive earnings. There are five different contracts that are used for engineering projects, but each may be altered to suit a specific project’s requirements and standards. These engineering contracts are also commonly used in the construction industry.
Changes in the ownership of S Corporations are governed by shareholder agreements. While all corporations with multiple shareholders should have shareholder agreements in place, often many corporations do not have one. shareholder agreements spell out the terms and conditions under which shareholders may buy, sell, or transfer their shares in the corporation. Transferring the ownership in an S corporation is accomplished by one party selling shares to another. Generally speaking, without a shareholders agreement in place, shares can be freely purchased or sold without restriction.
In 2002, Congress passed the Sarbanes Oxley Act (SOX) imposing new accounting and financial reporting requirements on publicly traded companies. SOX created strict new rules for companies regarding the management of records.
The SEC fee is from the Securities Exchange Act of 1934 Section 31. The statute provides that self-regulatory organizations and national securities exchanges pay a transaction fee. This fee goes to covering costs of protecting the investor that the government requires. The brokerages pay this fee to the Securities and Exchange Commission.
The Small Business Administration was created by an act of Congress in 1953 to replace multiple federal programs that were expiring or had become functionally obsolete. Since its inception, the SBA has become a leading source of funding and resources for small business establishment and expansion with various programs. One of these programs is the Small Business Investment Company program.
The Water Resources Planning Act of 1965 was set up to establish governing bodies that would overlook the creation and protection of water resource locations. The United States needed guidance where water was concerned, so congress heard the people's cries and took action. Amended a few times, but ultimately viewed as a failure, the act was terminated in favor of newer ideas.
Congress enacted several acts in the wake of the Great Depression to protect investors and the integrity of the markets. These acts, most notably The Investment Company Act of 1940, along with subsequent legislation, extensively regulate how mutual funds can be managed and marketed. Mutual fund requirements are designed to ensure that potential mutual fund investors have accurate information about the funds they're considering and to provide protection against fraud and conflicts of interest.
Several federal agencies set food safety standards while state and local governments are responsible for developing laws and ensuring compliance, according to FoodSafety.gov. Although laws vary from state to state, the majority of local governments base their laws on the Food and Drug Administration's (FDA) Food Code, which provides scientific and legal guidelines for local governments to regulate grocery stores, retail food establishments and any public place where food is served such as schools or nursing homes, according to the FDA's website. There are several national and regional companies such as SafeServ and Safe Food Crew that offer food safety…
Popularly referred to as the "Big Three" by a range of publications--including the National Business Review, ALB Legal News, LawFuel.com and the Legal 500--Bell Gully, Russell McVeagh and Chapman Tripp are New Zealand's premier law firms for commercial law.
A limited liability company, or LLC, is owned by members who are said to have a membership interest in the company. A membership interest in an LLC can be transferred or sold via a purchase agreement. Likewise, an entire LLC business can be sold via a purchase agreement for the sum total of all outstanding membership interests. Typically, when an entire business is sold, the assets of the business are sold to a new legal entity, and the buyer rarely buys the existing legal entity. The steps below explain how to change the ownership structure of an existing LLC.
Companies that choose to participate in carbon credit programs are allowed to emit a certain amount of greenhouse gases each year, according to Bnet.com. Companies are not allowed to release more greenhouse gases if they do not have enough carbon credits. If companies do not use all of their carbon credits, they can sell their remaining credits to a company that's used up all their credits.
One popular employee perk or benefit is the practice of corporations giving stock options. These options are a stake in the ownership of the company, as they afford the ability to buy shares of the company stock at a certain price. Backdating these stock options is a practice by which the company extends the option offer to purchase shares of the stock at a historical (and usually cheaper) price, thereby allowing the employee to make money almost immediately when purchasing the stock. This practice, while not illegal, carries certain reporting requirements through the Securities and Exchange Commission.
In contrast to most investors, stock market short-sellers make money by buying stocks that they believe will decrease in value. Taking advantage of the delay in time between purchase and delivery of stocks, the short-seller might sell stock at a high price and then deliver it after purchasing it at a lower price.
Mutual funds are an excellent way for investors to invest in a large number of preselected companies without buying individual stocks. Legally referred to as "open-end companies," mutual funds come in a variety of styles, such as index funds, bond funds, stock market funds, etc. The U.S. Securities and Exchange Commission regulates mutual funds heavily to ensure the safety of invested funds.
Almost all commercial companies in Scotland are registered with Companies House in Edinburgh, according to the National Archives of Scotland. For business owners in Scotland, registering as a company has tax benefits over continuing as a sole trader or partnership. There is also the potential to list the company on the London Stock Exchange (Scotland has not had its own trading place since 1973 when the Glasgow market combined with LSE). To register a business in Scotland, follow these guidelines.
Because carbon emissions are considered a leading cause of global warming, carbon credits are one way governments and individuals concerned about the environment hope to reduce the amount of carbon emissions that industrial companies release into the atmosphere. In the future, legally binding carbon credit laws will augment the voluntary agreements currently in place and represent a step toward establishing environmentally sustainable industrial practices.
Mutual funds are a type of investment in which your money is pooled with the money of others. A mutual fund manager then uses all of that money to buy stocks, bonds or other investments. This allows you to diversify your portfolio, because you are putting your money into an investment that owns many stocks, instead of putting your money into one particular stock or bond. Diversification may be safer, as if one particular stock declines, you will not necessarily lose all the money you have invested. Like most investments, mutual funds have specific reporting requirements so investors can understand…
A liability represents an obligation for a company or individual to settle a debt. Companies offer liability options to their shareholders in the form of being an unlimited liability company or a limited liability company. The two have different rewards and risks associated with them, so it is important to consider the differences carefully before committing to invest in them.
Corporate finance is concerned with the means by which a corporation obtains and distributes resources. It provides a guide for financial decision-making and a blueprint for the organization and operation of a corporation's financial division. Although corporate finance is a very complex subject, the basic principles are not particularly difficult to grasp.
Limited liability companies have become a popular business form because they combine liability protection with a flexibility not available to corporations. Unlike a corporation, which must make all distributions based on ownership, LLC members have a great deal of freedom in how they can divide profits.
The Ontario Municipal Conflict of Interest Act was enacted in 1972. Its purpose is to ensure municipal council, committee and board members, as well as school officials, acting on behalf of the public, don't personally profit from a decision they played a role in making. The act lays out the procedure that elected government officials must follow when faced with an issue whose outcome could potentially impact their or their family member's personal finances in some way.
There are very specific requirements to make a community a village rather than a town or city. This is often an issue of semantics, as there are often no limits on what designates the difference between a large village and large town in many countries.
A publicly traded company that has a small number of stockholders who hold all the stock, or a controlling interest in the company is called a closely held company or a closed company. This means that there is little or no trading of the stock, even if the company is listed on a stock exchange, because there is no stock for sale. If a position in the stock of such a closely held company needs to be valued for estate, merger or liquidation purposes, there is no reliable market price unless the process of valuation has been recently done and…
Limited liability companies, or LLCs, are a simple form of business organization. According to the Internal Revenue Service, they share a lot of similarities with partnerships but provide better liability protection for each owner. Owners of LLCs are called members and they own membership interests in the LLC--not shares of stock, as LLCs don't issue stock. Membership interests in an LLC can be transferred via a simple purchase agreement.
If you're worried that renaming your corporation will be difficult, fret not: Your state's corporation division has just the form for you. In Florida, this form is called the "articles of amendment." Changing the name of your corporation can be as easy as filling out that form and paying the filing fee.
"Violation of domicile" is a legal term used in several countries (including France, the Philippines and Romania), and with broad legal application. It generally refers to unauthorized entry by a government official (such as a police investigator) or a citizen.
A Limited Liability Company (LLC) is a relatively new form of business organization that allows its members to enjoy the benefits of limited liability without cumbersome corporate formalities. Although LLC laws differ from state to state, no state requires an LLC to create or file an operating agreement. Nevertheless, an operating agreement is a good idea because it functions as a constitution for the organization and helps to protect the LLC's limited liability status in the eye of the court by formalizing its operations.
Free trade refers to the removal of any barriers, taxes, tariffs, quotas or any other governmental restrictions on international trade which would allow the involved countries to more easily exchange particular commodities. For the most part, free trade is considered a good thing because the lack of trade barriers makes exportation easy and relatively inexpensive. In this way, a country can focus its resources more efficiently and achieve a higher real income. Despite the overall benefit of free trade to a nation's economy, there can be some significant disadvantages to the establishment of free trade agreements.
Free trade zones have been growing in number since the 1970s. With business becoming a global enterprise, companies are able to use free trade zones to their advantage. An area with no tariffs or quotas allows companies to ship raw goods into their factories and ship out their products at a reduced manufacturing cost. When companies set up businesses in these areas, they hire employees from the area, which in turn boosts the local economy.
When business owners close a business, retire, or enter into disputes with business partners, it is often necessary to ensure that a corporation ceases to exist. Closing a corporation in Florida requires that you legally dissolve the corporation. Dissolving a corporation in Florida is a quick process that requires only that you fill out a few simple forms.
Day trading was virtually unheard of until the late 1990s. The development of new technology that allowed desktop trading coincided with a major boom in the market that attracted new investors. Day trading carries potential system risks because, as speculators, day traders can artificially inflate or deflate a stock's value. By nature, day traders are not long-term investors and care little for the actual value of the instruments they trade. SEC rules on day trading applies to trading stocks, options and other securities.
Effective March 29, 1985, the 425 Agreement is also known as the Intergovernmental Conditional Transfer of Property by Contract Act. The legislature of the state of Michigan enacted the 425 Agreement.
Material litigation, for purposes of required filings with the Securities and Exchange Commission, is any lawsuits in which a publicly held company is a named defendant and that may result in the payment of substantial damages by the company to the named plaintiff.
If you are assigned to manage a checking account (either through a power of attorney, conservatorship or some other agreement), you owe specific fiduciary duties to the actual owner of that financial account. The failure to honor these fiduciary duties results in the prospect of sanctions, including everything from removal from the account, monetary sanctions and even criminal prosecution.
Before a corporation is legally able to do business in a particular state, that business must designate what is known as an agent for service of process or a statutory agent. The appointment of the statutory agent is made through the Secretary of State's office. A statutory agent is responsible for a number of duties set forth by the laws of the state. Although there is some minor variation from one state to the next, overall, across the country, the duties and responsibilities of a statutory agent largely are the same.
A "come-along" clause, also known as a "drag-along" clause, is a common provision included in shareholder agreements, particularly in the agreements of growing companies seeking venture capital. While they have advantages and disadvantages, these clauses primarily benefit majority shareholders at the expense of minority shareholders.
The illegal trading of endangered animals is a growing problem, threatening many species with extinction. The U.S. State Department estimates the illegal animal trade to be around $10 billion a year, with the animals being used as pets, food and for unique animal parts such as ivory. For example, elephants and rhinoceroses were the target of poachers trading in ivory, and animal traders frequently sell tigers as exotic pets.
Securities offered for sale to the public must either be registered with the Securities and Exchange Commission (SEC) pursuant to the provisions of the Securities Act of 1933 (1933 Act), or qualify for an exemption from the registration requirements. A Private Placement Memorandum is a disclosure document offered by issuers of unregistered securities to purchasers both to comply with some of the exemption requirements as well as to guard against the risk of securities fraud lawsuits.
The Uniform Securities Act is a model statute designed to assist each state in the drafting of its securities laws. The goal of the Act is not only to provide guidance to each state so it can deal effectively with securities fraud, but also to foster uniform standards for the registration of securities at the state and federal levels.
Buy-sell agreements are legal documents every business with multiple owners should have. A buy-sell outlines the circumstances under which the business interests can be sold amongst partners. Most buy-sell agreements have four major triggering events: death, disability, retirement, and malfeasance. Without a properly structured and properly funded agreement, any of these events can cause a small business to fold overnight.
The role of a mayor varies from city to city. But some common duties and responsibilities exist in a majority of cities in the United States.
Free trade agreements create preferential arrangements, usually between countries that want economic growth. Free trade agreements differ from basic trade agreements, as they aim to eliminate tariffs or taxes, such as those on services, goods and investments. Free trade agreements are guided by many rules and offer different benefits, liked reduced trade quotas. Establishing a free trade agreement, however, does not guarantee economic vitality.
If you need to have something built, such as a home, office, barn or warehouse, you can hire a contractor to manage the project and arrange for construction. You and the contractor will enter into an agreement, or a project contract, that spells out what you will pay for, how much you will pay and how much the contractor will earn for his part of the work. You and the contractor are free to negotiate whatever agreement works best for your specific project. However, common types of project contracts include lump sum or fixed price, maximum guaranteed price, cost plus,…
Organized stock trading in Ireland dates from the opening of the Dublin and Cork stock exchanges (now merged as the Irish Stock Exchange) in the 1790s. In addition to the typical assortment of bank and corporation securities, Ireland is known for a strong technology stock sector. Since 2000 the Irish Stock Exchange moved entirely to electronic trading using the Deutsche Borse Group's Xetra trading platform. There are two ways to buy shares in Ireland. You can have your broker buy directly through ISE Xerta or by purchasing Irish ADRs on the New York Stock Exchange (NYSE).
A fiduciary duty in business is a service relationship where an individual who owes a duty to a person empowering the trust, performs a service. Understand how a fiduciary relationship contemplates a duty of the empowered individual with tips from a lawyer in this free video on business law.
A business shareholder can vote at business meetings by attending them when they happen or by mail via proxy. Find out about financial information stockholders receive that contains information they vote on with tips from a lawyer in this free video on business law.
Before forming a limited business partnership, hire an attorney that specializes in this particular field. Make sure business agreements reflect the vision of both business partners in a limited partnership with insight from a lawyer in this free video on business law.
