Real estate law is the area of law that governs buying, using and selling land. This law governs the acquisition of property and how it is developed. There are many different aspects of real estate law, for example, deeds, titles,...

Lost profits are determined by first estimating the lost gross revenue or lost sales due to an event.  This lost revenue is then reduced by the avoided or saved costs, which entails evaluating all the direct and other costs...

A franchise agreement is a legal agreement that creates a franchise relationship between a franchisor and a franchisee. Within a franchise agreement, the franchisee is granted the legal right to establish a franchised outlet and operation where the franchisee, among...

Michigan is a shall-issue state. Licenses are issued at the local level by county clerks. A permit to purchase, a background check and firearms registration are required to buy a handgun from a private individual. Open carry is legal in Michigan...

Gov. Gretchen Whitmer is proposing a $180 million plan to boost the quality of tap water across Michigan, from replacing lead pipes and school drinking fountains to combating chemicals that are contaminating public supplies and private wells. It will help...

For all Michigan drivers, it is illegal to use a wireless communication device that’s located in the driver’s hand or lap to read, write, or send a message. Michigan’s distracted driving laws prohibit text messaging for all drivers and talking on a cellphone...

Impeachment is the process by which a legislative body levels charges against a government official. Impeachment does not in itself remove the official definitively from office; it is similar to an indictment in criminal law, and thus it is essentially the statement...

Bating and feeding is now banned in the entire lower peninsula to prevent the spread of chronic wasting disease. Chronic wasting disease is a contagious, neurological disease that affects deer, elk and moose. It causes a degeneration of the brain resulting in...

This business finance key term is a legal obligation to repay or otherwise settle a debt. Liabilities are considered either current (payable within one year or less) or long-term (payable after one year) and are listed on a business’s balance sheet. A business’s...

The right to due process is enshrined in the Fourteenth Amendment to the U.S. Constitution.   Sometimes government employees have a property interest in their jobs and are entitled to due process before they can be fired. Among the...