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  • The Board of Directors Duties of Care and Loyalty
    The stock market gives many Americans a chance to have a small ownership share in publicly traded companies. Stock holders, as partial owners of the company, share in the company’s profit and loss. However, they often have little, if any, say in the business decisions of the company and they have no control over the everyday operations of the company. Instead, it is the … more
  • What Happens When a Contract is Broken?
    A contract is a legally enforceable agreement between two or more parties.  So, how do you enforce it if it is broken by one of the parties? That depends on how exactly the party breaches the contract.  A minor, or nonmaterial, breach of contract entitles the non-breaching party to actual damages suffered.  Therefore, if your mechanic used a different brand of oil that was of at … more

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