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What is the Lemon Law? PDF Print E-mail
Written by Brent Cooper   
Friday, 07 December 2012 16:02

Every state has laws known as Lemon Laws that cover all passenger vehicles, which includes cars, trucks and SUVs.   Most State Lemon Laws apply to new cars, leased or purchased which suffer a nonconformity. A nonconformity is a defect or condition which What is the Lemon Lawsubstantially impairs the use, value or safety of the vehicle. These laws apply to an automobile which can not be fixed after a reasonable number of repair attempts. Reasonable number of attempts depend on the on each state's Lemon Law statute. Most states laws says 3 - 4 repair attempts in the first year of ownership. Some states extend the coverage time to 2 years.

 

Last Updated on Tuesday, 05 February 2013 23:15
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Joint Venture vs. Partnership: What is the Difference? PDF Print E-mail
Written by B. Clark, Esq.   
Wednesday, 14 September 2011 16:27

Many pejoint venture, partnership, general partnershipople often consider a joint venture and a partnership as being the same. Although, they both have many similarities there are some very distinct difference between the two entities. The basic similarities are they both are used when two or more individuals or entities decide to jointly participate in business activities. However, if you are considering doing business with another party is extremely important to understand the differences so you will make the right decision for your particular situation.

 

Last Updated on Thursday, 15 September 2011 18:32
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What To Do When Your Disability Claim Is Approved PDF Print E-mail
Written by Madison Hewerdine   
Wednesday, 17 August 2011 14:26

You have been through all the paperwork and you have sent your disability claim to be approved and now your disability claim has come back and it is approved. What do you do now?  There are a lot of questions that people have after their claim has been approved, like: when will the benefits start? And can my family receive benefits as well? These are just a two of the many questions going through your head; the following are a few things that will happen once your claim has been approved along with answers to some of the questions.

 

Last Updated on Thursday, 15 September 2011 18:32
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Should I Sign an Arbitration Agreement PDF Print E-mail
Written by Micheal West   
Thursday, 21 April 2011 18:57

Arbitration was once an legal process that was only familiar to attorneys and executives of large corporations.  But in the 1990's arbitration agreements started showing up in more common places where everyday peoples was effected.  Arbitration agreements are now very common in the purchasing of a car, service contractors, employment contracts and even with hospitals and medical providers. Many times arbitration agreements are contained in ancillary agreements, or in small print in other agreements, and consumers and employees often do not know in advance that they have agreed to mandatory binding arbitration by purchasing a product or taking a job.  So the questions become “should I sign an arbitration agreement?” or “Should I agree to arbitration?”

 

Last Updated on Tuesday, 05 February 2013 23:16
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LLC vs. Corporation: What's Best for a Small Business PDF Print E-mail
Written by Mike Wes   
Monday, 18 April 2011 04:02
After deciding what type of products or services you are going to offer, the most important decision you will make in starting a new business is the type of business structure to form.  You will be faced with deciding whether to form a General Partnership, S-Corporation, C-Corporation, Venture Capital or Limited Liability Company.  If you are starting  a small or home business a Limited Liability Company or LLC is your best choice hands down.

A Limited Liability Company (LLC) provides the best of all Worlds, in that it is a type of business ownership combining several features of corporation and partnership.  Unlike a general partnership, owners of an Limited Liability (LLC) have limited liability.  Which means an owner of LLC can not lose more than the amount he or she has invested in the company.  Thus, the owner is not personally responsible for the debts and obligations of the company in the event they are not fulfilled. And, unlike a limited partnership, owners of a Limited Liability Company (LLC) do not lose their limited liability by actively participating in management of the business
Last Updated on Wednesday, 13 February 2013 02:00
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