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 is a business divided during a divorce? One of the most complicated assets to divide during a divorce is a business. There are processes in doing so and it is essential to know what these are. When a married…
Are there ways to avoid getting sued as a business As a business owner, one of the biggest fears is when disputes turn into lawsuits and there are a lot of things that can be damaged when a business gets…
What laws can be overridden by contracts? Generally speaking, courts will uphold legislation over a competing contract. Some laws, meanwhile, either expressly or tacitly permit contracts to supersede them in particular circumstances. For instance, the Federal Arbitration Act in the…
Can a contract prohibit something that is legal? It is entirely possible to make and enforce a contract that forbids you from doing anything that is within your legal rights. One illustration would be a parent offering their child money…
What are the major requirements for a commercial mortgage? Similar to typical mortgage loans, commercial mortgage loans let you borrow money to secure any land or property for a business rather than a residence. Additionally, you can use commercial mortgage…
Is it legal to run a business in a residential property? Running your business from home is a great way to reduce overhead costs while growing your business. But it’s important to ensure you are doing so within the confines…
How is “in default” different from a breach in contract law? There isn’t much of a difference between a breach of contract and a default in general legal terminology. Both signify that one of the parties has breached his contractual…
When can a tenant break a rental lease? While a lease is a legally binding contract, there are many legitimate reasons for a lease to be broken. In the following circumstances, you might be entitled to vacate the property legally…