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  • 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
  • How to Form a Limited Liability Company
    A limited liability company (LLC) offers business owners limited liability for the acts and financial debts of the business. An LLC can be a sole proprietorship or a partnership. Either way, the business owners’ personal assets such as their homes and personal savings accounts cannot be used to satisfy business debts or court verdicts against the business in most … more

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