Nearly all businesses are exposed to liability. Owners of business operated as sole proprietorships or general partnerships expose themselves personally to this liability. A limited liability company can shield effectively these personal assets from the businesses liability. Read the full article . . .
Society continues to value agreements “on a handshake.” Oral agreements, i.e. those that are not written down, are legally enforceable as contracts. But is it wise to rely on oral agreements? When should the parties write their agreement down? Read the full article . . .