QuickMBA / Business Law

Introduction:  4 Legal Issues to Consider When Starting a Company
There are many legal issues to consider; here are the ones that most frequently cause problems.

American Legal System
Types of law, sources of law, judicial system, jurisdiction, lifecycle of a lawsuit.

Obtaining Legal Counsel
Ways to reduce legal costs, retaining an attorney, attorney-client relationship.

Employment Law
Duties to one's former employer, confidentiality agreements, and non-competition agreements.

Business Legal Structures
Sole proprietorships, general partnerships, limited partnerships, corporations, and limited liability companies.

Sole Proprietorship
Introduction to this simple form of business structure, including a brief discussion of the sole proprietorship's taxation, liability, continuity, risk and control, transferability, and formality.

General Partnership
Introduction to the partnership as a business structure, including formation, taxation, liability, and fiduciary duties of the partners.

Limited Partnership
Covers limited partnerships, including how they differ from general partnerships and some special issues that they face.

The Corporation
The corporation as a business legal structure. Covers formation, taxation, stock, debt, and preserving limited liability.

Piercing the Corporate Veil
A discussion of how individuals may be held liable for the debt of a corporation though piercing of the corporate veil, defective incorporation, and improper signing of documents. Includes case examples.

Where to Incorporate: Some Issues to Consider
Some questions to ask when deciding where to incorporate.

Where to Incorporate: Nevada vs. Delaware
Discusses some of Nevada's perceived advantages compared to Delaware.

  QuickMBA / Business Law

Home  |  Site Map  |  About  |  Contact  |  Privacy  |  Reprints  |  User Agreement

Copyright 1999-2010. All rights reserved.

  Accounting | Business Law | Economics | Entrepreneurship | Finance | Management | Marketing | Operations | Statistics | Strategy

Search QuickMBA