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486 legal questions have been posted about business law by real users. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include business formation, business litigation, and business planning. All topics and other states can be accessed in the dropdowns below.
Business Questions & Legal Answers - Page 19
Do you have any Business questions page 19 and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 486 previously answered Business questions.

Recent Legal Answers

Single-Member LLC "owner" or "member"

Answered 9 years ago by Patrick Johnson (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
If you do not have a title yet, I would suggest that you assign yourself a title like "President" and sign it "(Your Name), President." Always sign business related documents in this capacity. 
If you do not have a title yet, I would suggest that you assign yourself a title like "President" and sign it "(Your Name), President." Always... Read More

What recourse do I have?

Answered 9 years ago by Patrick Johnson (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
I think that it needs to compensate you for the cost of the vaccum cleaner.
I think that it needs to compensate you for the cost of the vaccum cleaner.

I am selling my 50% of my franchise/CA Corp. to my partner and would like to know the necessary steps to complete this transaction.

Answered 9 years and a month ago by Richard Samuel Price (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
You may first have to obtain written consent from the Franchisor to sell your interest in the Franchise. Then you would enter into a written sales agreement and close the transaction.
You may first have to obtain written consent from the Franchisor to sell your interest in the Franchise. Then you would enter into a written sales... Read More
As a general rule, you need consideration to have a valid contract, but you have it here; agreeing to release your claims is valid consideration.
As a general rule, you need consideration to have a valid contract, but you have it here; agreeing to release your claims is valid consideration.

Promissory Note

Answered 9 years and a month ago by Michael Edward Fiffik (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
So even though he didn't pay up, did you still put his name on the deed?  I'd have to see the actual agreement to gauge your chances of success and options.  If he refused to convey his interest in the property to you upon request, your next best option would be to file a claim for either specific performance or to quiet the title to the property.  FYI, the transfer of his interest to you will be subject to realty transfer tax of 2% or more of the fair market value of his interest in the property and you'll probably have to pay that. ... Read More
So even though he didn't pay up, did you still put his name on the deed?  I'd have to see the actual agreement to gauge your chances of success... Read More
As long as the contract is drafted properly, with a recitation of adequate consideration, it will be enforceable. In this case, the consideration for him walking away from the project with no claim to profits or even reimbursement is your release of him from responsibility for his share of the labor for the project.  ... Read More
As long as the contract is drafted properly, with a recitation of adequate consideration, it will be enforceable. In this case, the consideration for... Read More

What steps are involved transferring my mom's business share to me and my sister?

Answered 9 years and a month ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
The actual transfer is just a matter of marking up the LLC books, and doing it in accordance with the Operating Agreeement.  The tax issues are the main issues.  There is no tax on the transfer itself, but when the members report their new shares, the tax to you and your sister will adjust accordingly.... Read More
The actual transfer is just a matter of marking up the LLC books, and doing it in accordance with the Operating Agreeement.  The tax issues are... Read More

I need help to form an llc

Answered 9 years and a month ago by Richard Samuel Price (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
Please contact an attorney to assist with forming your limited liability company.
Please contact an attorney to assist with forming your limited liability company.

Do I have a case for breaCH OF FUDUCIARY DUTY?

Answered 9 years and a month ago by attorney Bruce Robins   |   1 Answer   |  Legal Topics: Business
That depends on what the agreement provides.  If the management company is performing and being paid for services which your partner was supposed to provide without compensation (other than profit participation) then he had no right to cause the urgent care to engage and pay it.  Assuming that the operating agreement gave him the right, as the business manager, to hire a management company on behelf of the urgent care company, and allowed him to do so unilaterally despite the conflict of interest, the question would be whether the management company was being paid a fair rate (generally based on what the market rate is for the services provided) or was being paid more than a disinterested management company would have been paid, in which case yoiur partner has breached his fiduciary duty by putting his own interest above that of the partnership.... Read More
That depends on what the agreement provides.  If the management company is performing and being paid for services which your partner was... Read More

Whats the minimum amount of directors needed for a 501c3 in pa?

Answered 9 years and a month ago by Michael Edward Fiffik (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
There is no minimum number of directors required for non-profit business entities in Pennsyvlania.  I would suggest at least 3.  Most have more because organizations often use those positions to attract people of influence in the community to participate in the organization.  501(c)(3) is a federal tax code designation for one type of a tax exempt entity.  Non-profit organization is not the same as a 501(c)(3).  State vs. federal law.  not all non-profit organizations are tax exempt. ... Read More
There is no minimum number of directors required for non-profit business entities in Pennsyvlania.  I would suggest at least 3.  Most have... Read More

I want to sell craft beer if I brew it at home and bottle it what kinda license do I need to sell it

Answered 9 years and a month ago by Michael Edward Fiffik (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
I'm a home brewer myself so your question attracted my attention.  I'd suggest that you form a limited liability business entity, such as a LLC, for your venture.  You are making "food" so you'll probably be subject to your local health department regulations and may need for facility inspected and approved.  Your municipality may also require a business license of some kind so check that out.  For the liquor aspect, you'll have to call the PA liquor control board to determine what kind of license you need and whether one is available in your municipality.  Some types of liquor licenses are restricted in number per municipality.  If the number of licenses approved for your municipality are all in use, then you might have to acquire an available license from another community and ask that it be transferred to yours.  That would require local and PLCB approval.  Good luck and happy brewing!... Read More
I'm a home brewer myself so your question attracted my attention.  I'd suggest that you form a limited liability business entity, such as a LLC,... Read More
You might want to read the case at 710 sw2nd 43 which covers tradename infringment. Then consult with an attorney.
You might want to read the case at 710 sw2nd 43 which covers tradename infringment. Then consult with an attorney.
I don't know whether you have grounds for rescinding the contract, but the fact that you signed it with a nickname makes no difference.
I don't know whether you have grounds for rescinding the contract, but the fact that you signed it with a nickname makes no difference.
You will need proof of payment. 
You will need proof of payment. 

I have a unrecorded deed that was notarized and signed by a lawyer. The property was sold without my consent.

Answered 9 years and a month ago by Michael Edward Fiffik (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
Who is the listed grantor on the deed? What interest do you have in the property?  The lawyer notarized someone else's signature or his own?  In order for you to get some advice that is useful for you in this situation, I think you would be best served by having someone review the deed for you. ... Read More
Who is the listed grantor on the deed? What interest do you have in the property?  The lawyer notarized someone else's signature or his... Read More

Can an employer require use of personal cell phone without compensation?

Answered 9 years and a month ago by Patrick Johnson (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
I do not know the answer to your question. I would contact the Tennessee Department of Labor and ask it the question that you have posed.
I do not know the answer to your question. I would contact the Tennessee Department of Labor and ask it the question that you have posed.

Can I get in trouble for this?

Answered 9 years and 2 months ago by attorney Attorney Lawrence H. Adler   |   1 Answer   |  Legal Topics: Business
You so have a contract to make payments. If there is no writing, you have an oral contract. You also were "unjustly enriched", by getting the car. He can not take your car, but you can be suit based on the agreement or for the car'still value. The you assets including the car can be attached  and ultimately taken. If you agree you made a deal you should honor it.... Read More
You so have a contract to make payments. If there is no writing, you have an oral contract. You also were "unjustly enriched", by getting the car. He... Read More

Tax related question

Answered 9 years and 2 months ago by Patrick Johnson (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
I would suggest that you consult with a CPA who does international transactions. I am not qualified to answer your questions.
I would suggest that you consult with a CPA who does international transactions. I am not qualified to answer your questions.

Can a finiancing company put down that my car has been repossed for 2 years when it hasnt?

Answered 9 years and 2 months ago by Michael Edward Fiffik (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
Why not submit a written dispute to that item as shown on your credit report?  The credit reporting company will submit the dispute to the lender and ask that the notation be verified.  If it cannot be verified or if the lender doesn't respond to the dispute, the item will probably be removed from your credit report. ... Read More
Why not submit a written dispute to that item as shown on your credit report?  The credit reporting company will submit the dispute to the... Read More

If a power of attorney isn't present to sign the Power of Attorney for Vehicle Transactions form does it void the sale?

Answered 9 years and 2 months ago by Patrick Johnson (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
Contact the entity in your county that takes care of transfering vehicle titles and ask them that question.
Contact the entity in your county that takes care of transfering vehicle titles and ask them that question.

invasion of privacey in a business

Answered 9 years and 2 months ago by Patrick Johnson (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
No you do not have a case. Just complain to the business that it needs to post notice of cameras in the bathroom.
No you do not have a case. Just complain to the business that it needs to post notice of cameras in the bathroom.

I believe I have a predatory loan, I have paid over 150,000 in the past 15 years. The total loan was 46,000.

Answered 9 years and 2 months ago by Michael Edward Fiffik (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
It sounds like you've not complied with the repayment terms if there have been penalties (and probably interest) applied to your account.  That can certainly add up and result in more payments than what would have been expected if you paid according to the contract.  You should consider having an attorney review your loan agreement, payment history and give you an opinion if there are errors in the amount the lender is telling you is due. ... Read More
It sounds like you've not complied with the repayment terms if there have been penalties (and probably interest) applied to your account.  That... Read More

Can I sue my old job that I recently left for not providing me my information? As far as pay stub information, w2s, and other things of that nature.

Answered 9 years and 2 months ago by Michael Edward Fiffik (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
Yor employer is obligated to provide you with a W-2 by January 31 of the year following the taxable year.  it's not unusual for employers to go beyond that date.  You should pursue your request with your employer and, if the local owner or franchisee will not comply, got up the chain of command.  If those efforts fail, you might consider retaining an attorney to write a letter to your employer.  That sometimes ups the ante and gets the response you desire.... Read More
Yor employer is obligated to provide you with a W-2 by January 31 of the year following the taxable year.  it's not unusual for employers to go... Read More
Hi Daniel, If the statement that your employer made is false than you may very well have a claim against him for defamation. The key in a defamation claim is proving that damages resulted from the statement.  If you can't show actual damages, you still likely have a claim because of the nature of the accusation (i.e. criminal or fraudulent conduct) but your claim might not be as strong. Let me know if you would like to discuss. Thanks,Jon... Read More
Hi Daniel, If the statement that your employer made is false than you may very well have a claim against him for defamation. The key in a defamation... Read More

HOA asking for fees [some from 2023] that I do not owe

Answered 9 years and 2 months ago by attorney Jonathan Howell   |   1 Answer   |  Legal Topics: Business
Since this has been ongoing for as long as it has, it may be time for you to have an attorney send them a letter setting forth what has happened and insisting that it not happen again.  The difficulty here is that it sounds like more of a nuisance (taking your time responding, etc.) than a real financial hardship, so you have to decide whether it is worth spending a little bit of money (several hundred dollars likely) to try to stop the problem.   Thanks,Jon... Read More
Since this has been ongoing for as long as it has, it may be time for you to have an attorney send them a letter setting forth what has happened and... Read More