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Understanding a Disclaimer of Warranty in Product Sales
5 min read
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Learn what a disclaimer of warranty is, when it's enforceable, how it relates to implied warranties, and best practices for drafting valid product disclaimers. read more
What Is a Mutual Benefit Corporation California?
3 min read
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A mutual benefit corporation is an organization created for the benefit of a group whose tax-exempt status under IRS rules differs from that of 501(c)(3). read more
What Is an Example of a Corporation?
3 min read
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A corporation is a legal entity independent of its members. It holds authority and can incur liability on its own. read more
What Is a Personal Service Corporation?
5 min read
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Learn what a personal service corporation is, its tax rules, formation requirements, and how to avoid double taxation risks for shareholder-employees.
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What Is a Series LLC in Alabama: Everything You Need to Know
3 min read
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What is a series LLC in Alabama is a group of individual limited liability companies owned by an entity that is also a limited liability company. read more
What is the Most Common Type of Corporation?
3 min read
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Identifying the type of business entity to form is one of the first and most important decisions to make when establishing a business. read more
What Is the Most Common Type of Partnership and Why
5 min read
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General partnerships are the most common type due to simplicity and shared control. Learn how they compare to LPs and LLPs. read more
Legal Requirements for Opening a Retail Store
6 min read
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Understand the legal requirements for opening a retail store, including licenses, permits, zoning, and compliance tips for a successful launch. read more
Sole Proprietorship: Illness or Death May Close This Form
6 min read
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Learn when a sole proprietorship ends. Illness or death may close this form of ownership. Explore causes, steps, and legal options for dissolution.
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Why Is Financial Leverage Important?
3 min read
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Almost every business operation requires money and making prudent financial management a vital aspect of running an enterprise. read more