QUESTION
Hello, some friends and I wanted to start an Internet business.
Asked on Jan 28th, 2012 on Business Law - Connecticut
More details to this question:
Generally, people donate money, $1 per person, and are automatically entered to win a cash prize; much like a raffle. What type of lawyer do I need to discuss all the legal ramifications of our idea, and how can we avoid being sued?
1 ANSWER
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You will need to speak to an attorney who specializes in corporation or business law. You will need to discuss all of the details of your proposed business model with your attorney, including whether the "donation" is a disguised game of chance; if so, it will be illegal.
Answered on Jan 29th, 2012 at 11:27 AM