Business Law
Learn the basics on how to make sure your business meets all legal requirements. Get guidance on contracts, business licenses, and more.
-
Employee vs. Independent Contractor: Differences You Need to Know
What does it mean to be an independent contractor and how is that status different from being a full employee?
· 4 min read
-
The 6 Key Elements of a Contract
A valid and legally enforceable contract must meet six key criteria. If any are missing, your contract may not safeguard your interests.
· 9 min read
-
What Is Breach of Contract? Definition and Examples
A breach of contract is when one party fails to live up to their contractual obligations. Understand the basics of the law regarding breach of contract.
· 10 min read
-
What Is a Promissory Note? Definition, Examples, and Uses
A promissory note is a legally binding IOU: a formal, written promise in which one party agrees to repay the money they borrowed from another party.
· 8 min read
-
What Makes a Contract Legally Binding?
There are certain legal criteria that contracts must meet to ensure they are legally enforceable. Here’s what to look for and what to include in yours.
· 6 min read
-
Is Your Sole Proprietorship at Risk?
A sole proprietorship is attractive to the average entrepreneur, you get to reap all of the profits and to have full control of the business; however, it does come with some risk, namely unlimited liability for the owner.
· 3 min read
-
Who Is Eligible for Maternity and Paternity Leave?
So, you're welcoming a new child. When do you share the good news with your boss? What kind of leave can you expect? Do you even qualify for leave? If you are expecting or adopting, you should know your rights at work.
· 5 min read
-
What Makes a Contract Unconscionable?
An unconscionable contract—that is, one with unfair terms—can spell trouble ahead for a small-business owner. Read more to learn some of the signs that a contract might be unconscionable.
· 5 min read
-
What Is an Independent Contractor?
Independent contractors are self-employed specialists. This comes with a number of advantages and disadvantages for them and their clients.
· 8 min read
-
What Is an Irrevocable Contract?
Irrevocable contracts are common in the business world, but they can be difficult to decipher. Learn the significance of this type of agreement, as well as about basic contracts, option contracts, releases, and waivers.
· 4 min read
