A Property dispute refers to any legal dispute involving real property, also known as real estate. Real property is immovable property attached directly to the land. Property law involves disputes about property ownership and damages to personal property or real...
Civil law is a body of rules that delineate private rights and remedies and govern disputes between individuals in such areas as contracts, property, and Family Law. These rules are distinct from criminal or public law. Civil law, or civilian law, as a...
A trademark infringement defense is a legal case brought by a defendant to prove they did not infringe on someone else’s trademark. Trademark infringement is the unauthorized use of a trademark or service mark on goods that compete or are related. The most common...
A shareholder buys and sells agreement is a legally binding contract that stipulates how a shareholder’s stock in a business may be reassigned if that shareholder dies or otherwise leaves the business. The buy and sell agreement stipulates that the available...
Asset protection is a set of legal techniques, and a body of statutory and common law, dealing with protecting assets of individuals and business entities from civil money judgments. The goal of asset protection planning is to insulate assets from claims of creditors...
Lost profits are generally calculated before the deduction on income taxes because lost profits awards are taxable upon recovery. Conversely, lost business value occurs when a business never commences operations, ceases all or part of its operations, or permanently...
A purchase order is a commercial document and first official issued by a buyer to a seller indicating types, quantities, and agreed prices for products or services. It is used to control the purchasing and services from external suppliers. A supplier agreement is a...
An independent contractor agreement is a written contract that spells out the terms of the working arrangement between a contractor and client, including a description of the services provided. An independent contractor agreement should include a statement of...
When reaching a business agreement, you’ll need to negotiate. That is, sit down with the other parties to the agreement and work out the details of the contract. Negotiating is one dispute resolution technique that is used to try to settle contract disputes. Dispute...
A Commercial Transaction is an interaction between two or more parties in which goods, services or something of value is exchanged for some type of remuneration. Some aspects of commercial transactions, such as truthful representation and contract provisions, are...