Limited Liability Partnership 

Limited Liability Partnership

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Limited Liability Partnership  A limited liability partnership is formed when a licensed professional wants to form a business surrounding their professional services. Professionals that form a limited liability partnership (LLPs) benefit from legal protections and services. In California, the only…
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S Corporations

S Corporations

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S Corporations An S corporation, also known as an S subchapter, is a type of legal business entity that falls under specific Internal Revenue Code requirements. S Corporations can pass income, deducations, credits and losses directly to shareholders. S Corporations…
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What is a Public Company?

What is a Public Company?

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What is a Public Company? When starting a business, one must be aware of what form it will be. Whatever legal entity a business takes will be its guiding force until its end: it will ultimately affect every decision made.…
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Raising Funds

Raising Funds for Startups

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Raising Funds for Startups In an economy that can be volatile and unpredictable, it can be an arduous process raising funds for new businesses. Even the most prepared startup entrepreneurs face the frightening challenge gaining funds. It is imperative to…
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Summary Judgement in California

Summary Judgement in California

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Summary Judgement in California Summary judgement is a potent tool used in court. It has the ability to profoundly damage a case and cause a favorable settlement. Summary Judgement according to California Civil Code of Procedure section 473(c) states: The…
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What are Mutual Funds?

What are Mutual Funds?

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What are Mutual Funds? A mutual fund is a common financial tool used by investors to pool money together to collectively invest in stocks, bonds, and other assets. Mutual funds are operated and managed by a professional fund manager. Their…
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Liability of Broker in Real Estate Transactions

Liability of Broker in Real Estate Transactions

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Liability of Broker in Real Estate Transactions A broker can be found liable on a contract or tort basis. A broker who is involved in a contract would be found liable if they do not comply with provisions in the…
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Litigation And Appeals

Litigation And Appeals

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Litigation And Appeals Litigation Civil litigation is when two opposing parties argue or settle their disputes and seek damages. Civil litigation can take place inside a courtroom or outside of it. Traditionally, the process consists of filing motions and pleadings,…
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Business Disparagement Laws

Business Disparagement Laws

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Business Disparagement Laws In the commercial world, business owners will often threaten to sue opposing parties for business disparagement. Disparagement of business is defined as false and ill-natured statements intentionally made against a business in order to create financial harm.…
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Fundamentals of Sale Contract of  Business

Fundamentals of Contract for Sale of Business

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Fundamentals of Sale Contract of  Business Selling a business, as with any other business transaction, involves a series of steps that must be addressed. While considering these steps, one must also consider the risk for the parties involved in the…
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