Can investors sue the founder if a startup fails? When a startup fails, investors may understandably feel frustrated and disappointed. After all, they have put their money and trust into a venture with the hope of making a profit. However,…
How would a profitable website be valued in court? The value of a website is determined by a few different factors. A website that receives no visitors or generates no revenue is most likely worthless. If you have a high-value…
Business Disputes: Causes, Effects, Solutions Business disputes are a common occurrence in the business world. They arise from differences in opinion, misunderstandings, and conflicts of interest. These disputes can range from minor disagreements between employees to major legal battles between…
How are disputes settled between partners in business? Disputes between business partners can be a significant challenge and can cause significant damage to the business. Such disputes can arise from simple disagreements over strategy, finances or even personal issues. Here…
How to prepare to pitch to a bank for a commercial loan? There are key points to understand when asking a bank for a commercial loan. You’ll need to prove that you have a plan, provide specific financial information, persuade…
Should small businesses hire a corporate lawyer? “Corporate” is generally used interchangeably with “commercial” or “business” when describing a corporate lawyer. When used by attorneys, it typically refers to a lawyer who handles business transactions, such as the formation of…
What is the importance of having a business lawyer? Every business owner needs to have a lawyer, without exception. The advice and protection of a lawyer are indispensable during lawsuits and other conflicts. Here are five specific justifications for working…
What is the function of the law of contract in business law? Any business transaction should include a written contract. Contracts make agreements legally binding, and can also serve as reference material, documentation of business policies, and proof in the…
How do copyrights, trademarks and patents differ? Intellectual Property broadly refers to original and possibly valuable ideas, such as an invention or a work of fiction. Owning intellectual property gives you the authority to produce or license it. Patents, trademarks,…
What is product liability law, and when is it applicable? Product Liability is a legal term that refers to a manufacturer’s, distributor’s, and/or seller’s culpability if a customer is harmed by a defective product. Manufacturers are not required to produce…