What is limited liabilty?
Limited liability is a principle of business law which shields the owners of a business from the business's liabilities. Owners of a business which has limited liability may lose …
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How to Name Your Business
Coming up with a business name may be harder than you think. First, think of ideas for your name that are descriptive of the business, standout and grabs customers’ attention, and are easily remembered. You should come up with several ideas because most business names are registered trade or service marks, granting the business the exclusive use of that name in a certain …
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An Overview of the Uniform Commercial Code
Each state in the United States has the authority to enact its own laws. While federal laws apply equally to all states, state law is only applicable to matters that occur in that state’s jurisdiction. Generally, this system works well. However, there are matters were uniformity among the state laws are desirable. Commercial transactions, which often occur in more …
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