A contract is a legally binding agreement between two or more parties. It outlines the rights and obligations of each party and is enforceable by law. Contracts can be written, oral, or implied, though written contracts are generally ...
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To protect your business from liability, you can: Form a legal entity (like an LLC or corporation) to separate your personal assets from the business’s liabilities. Get the proper insurance, such as general liability insurance. Draft clear contracts with customers ...
A lease agreement is a contract between a landlord and tenant that outlines the terms of renting a property. It includes the rent amount, lease duration, security deposit, maintenance responsibilities, and other rights and obligations of both parties.
If you’re involved in a car accident, take the following steps: Ensure safety by moving to a safe area if possible. Call emergency services if there are injuries. Exchange information with the other driver (names, addresses, insurance details). Document the scene ...
Bankruptcy is a legal process where individuals or businesses unable to repay their debts can seek relief. There are different types of bankruptcy (such as Chapter 7, Chapter 11, and Chapter 13) depending on the financial situation. Bankruptcy ...
Intellectual property refers to creations of the mind—such as inventions, literary and artistic works, designs, symbols, names, and images—that are legally protected. IP laws allow creators to control and profit from their creations. The most common types are ...
Small claims court is a simplified court process designed to handle disputes involving smaller amounts of money, typically under a set threshold (varies by jurisdiction). In small claims court, individuals can represent themselves without needing a lawyer, and ...