Business Law

It should come as no great surprise: motorcycle accidents result in a greater percentage of personal injuries and fatalities than automobile accidents. A motorcycle, after all, lacks a frame with...

How to start a new business and incorporate your new business? These steps outline the process for incorporating your new business. If you are interested in organizing a limited liability company,...

The Uniform Commercial Code is a statutory scheme developed by the National Conference of Commissioners on Uniform State Laws. The enactment of versions of the Uniform Commercial Code in all U.S....

Australia's Parliament passed the Trade Practices Act of 1974 to regulate corporations and protect consumers from unscrupulous business practices: Part IV-A of the Trade Practices Act of 1974. In...

The Occupational Safety and Health Administration (OSHA) is a government agency charged with enforcing the OSH Act of 1970, which specifies safety requirements for employers in all industries...

A trade name is a word or phrase often used to designate a business name, but is not technically a trademark. The purpose of trade name registration is to allow individuals who own a business to...

Corporate lawyers generally handle commercial-type transactions. Usually, these attorneys do not regularly appear in court but rather perform transactional-based functions which allow a...

Company incorporation is the act of making an official application to Companies House to create a company, which is well known the process of formation or process of incorporation. Full company...

When seeking to establish a business, one must make various evaluations and considerations. One of these issues includes the type of business form such as the LLC or PC.

The Mutual Recognition Procedure (MRP) is a procedure used by pharmaceutical manufacturers who have been granted a marketing authorization for selling pharmaceuticals in one European Union (EU)...

In an effort to save time and money, always look up anything to do with laws and procedures on government sites. Don't be fooled by sites that say they will do the work for you or they will...

Under Virginia law, a bail bondsman is any person licensed by the Department of Criminal Justice Services (DCJS) to engage in the business of bail bonding. The possession of such a license...

The limited liability company (LLC) has become the most widespread vehicle used by those pursuing investment or entrepreneurial activities, according to Tricia Davis of the Bernstein Law Firm...

You've worked hard to perfect your technique and you now have a marketable craft product. This tutorial will explain the preparation needed and the steps to take to pitch your crafts to a gallery.

Many persons who are faced with the prospect of a long court case in a personal injury suit as opposed to a quick settlement amount offered by the insurance company wonder how to estimate personal...

If you or someone close to you has suffered a personal injury you may be wondering how to find a good personal injury law attorney. It’s not unusual that people can go most of their lives having...

If you're looking to make a profit in the stock market, you should be aware of the laws that protect your investments. The individual states and the federal government have laws to protect against...

The sales on your craft business are good and you think you need a sales representative. Before you appoint someone to act as your sales rep be sure to get a written contract that establishes the...

A Board of Directors refers to a group of individuals elected to make decisions on behalf of an organization. This governing body can also be referred to as a Board of Trustees or Executive Board.

Corporate minutes are an essential part of corporate records. They serve as a historical record to the board of directors of what transpired at a board meeting. The following guideline is what...

Due to the economic globalization and integration, foreign trading business with China is becoming more frequent. Foreign investors are increasing investment proportion in diversified industries,...

Partnerships are a legal form of business organization where two or more partners come together to form a business. Partnership financial statements differ from financial statements of...

Indonesia consists of two principal types of charitable not-for-profit organizations--foundations and associations. However, according to the United States International Grantmaking (USIG) Council...

An LLC is a business entity that combines the features of general partnerships and corporations. It is created by filing Articles of Organization with the Secretary of State. The rights and duties...

I was visiting a friend in his furniture warehouse about 100 yards from the MGM-Grand on this day. We were eating tuna fish sandwiches when we heard the sirens. Lot's of sirens. Ignoring it for...

Under the law, a lien is when you make a claim on property to obtain payment for goods or services that were provided. In the U.S., businesses use liens to collect amounts due, with the law...

Mechanic's liens are common in most states. Generally, mechanic's lien statutes authorize individuals or companies who performed labor in connection with improving real property (i.e....

Acquiring another company is often fraught with perils. Due diligence is of utmost importance when it comes to uncovering contingent liabilities of the company you seek to acquire. A contingent...

Many businesses incorporate in Texas because of its tax benefits and simple incorporation process. Texas also allows new corporations the ability to choose their tax structure. This flexibility...

If you are interested in using a master agreement for your business, you should consult a lawyer before signing a final draft, or investigate standard master agreements available online for little...

No single event precipitated enactment of the Sarbanes-Oxley Act. Rather, the comprehensive legislation was a response to several concurrent major corporate fraud, conflict of interest and...

Money laundering, using a layer of transactions to make money appear as if it came from a legitimate source, carries severe penalties for a "non-violent" crime. Because criminals often store...

Two types of property ownership--tenants in common and tenants by the entirety--are distinctions that will affect how a property may be distributed as an estate. Tenancy in common is a concurrent...

The Sarbanes-Oxley Act of 2002 was passed by the U.S. Congress in response to major corporate financial scandals such as those involving Enron and WorldCom. It applies to all public companies,...

Owning a homemade food business is the dream of many cooks whose doughnuts, salsa, bread or pasta sauce has garnered rave reviews from friends and family. Starting up a homemade food business...

If you are considering buying a company or making a major investment, you will need to examine the company's status in exhaustive detail to determine the quality of your investment. If the company...

Entrepreneurs who like the diversity of having several businesses under one roof but prefer limited debt and tax liability have a business-type option. The multiple-business limited-liability...

Half of all new small businesses go under within five years, according to the United States Small Business Administration. When an LLC fails, many owners want to walk away from the situation...

Illegal monopolies are business combinations that have gained total control over the production, sale and distribution of specific goods or services. In general, a single company buys up its...

COMAR is an acronym meaning The Code of Maryland Regulations, and should not be confused with statutes that are passed by legislatures and written into law. Regulations are often adopted, amended...

When you buy a product that says it was "Made in the USA," you rightly assume the statement is accurate. The Federal Trade Commission (FTC) sets standards to ensure that manufacturers don't...

The Public Company Accounting Reform and Investor Protection Act, as it was known by the U.S. Senate, but is more commonly referred to as The Sarbanes-Oxley Act of 2002, is a federal law governing...

Ad valorem tax is a tax placed upon the value of real estate or personal property. Ad valorem is a Latin term meaning "according to value." This type of tax can be assessed on the item at the...

In 1993, Michigan joined the vast majority of jurisdictions when its legislature enacted the Michigan Limited Liability Company Act (LLC Act). The LLC Act allowed individuals additional...

In the world of e-commerce, an electronic signature is a person's cyber-bond. But is an e-signature actually as valid as one done in ink on paper? In 2000, the U.S. government decided that it is...

The Trade Practices Act of 1974, and the subsequent addition of Section 51AC, is one of Australia's more powerful pieces of business legislation. Section 51AC is a far-reaching piece of a larger...

Section 50 of Australia's Trade Practices Act of 1974 is the small business owner's source of protection and salvation in the face of the rapidly expanding corporate giants that have swept across...

Confidentiality agreements are contracts made with one or more parties agreeing that certain information will remain only between them. Most common forms of confidentiality agreements are between...

Limited Liability Companies, or LLCs, are popular business structures for small business owners. Doing business under an LLC can shield the owners personal assets and credit from the potential...

Businesses in Indiana that wish to serve alcoholic beverages are subject to a variety of law and regulations. For instance, a restaurant or bar need a different type of license than a brewery or...