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Business Disputes: Causes, Effects, Solutions

Causes, Effects, and Solutions 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
Posted in Business Law, Business Planning, Buying and Selling of Businesses, Corporate Law, Litigation Series

How are disputes settled between partners in business?

partners in business 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
Posted in Business Law, Business Planning, Corporate Law, Personal Law

How is a business divided during a divorce?

business divided during divorce 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
Posted in Business Law, Buying and Selling of Businesses, Corporate Law

Are there ways to avoid getting sued as a business?

sued as a business 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
Posted in Business Law, Litigation Series

What laws can be overridden by contracts?

overridden by contracts 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
Posted in Business Law, General

Can a contract prohibit something that is legal?

https://lawadvocategroup.com/wp-content/uploads/2023/02/prohibit-something-that-is-legal.jpg 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
Posted in Business Law, General, Personal Law, Real Estate

What are the major requirements for a commercial mortgage?

commercial mortgage 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
Posted in Business Law, Commercial Leasing, Finance

Is it legal to run a business in a residential property?

business in residential property 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
Posted in Business Law

How is “in default” different from a breach in contract law?

breach in contract law 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
Posted in Business Law, Real Estate

When can a tenant break a rental lease?

tenant break a rental lease 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
Posted in Business Law, Commercial Leasing, Real Estate
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