An undertaking either express or implied, to perform a parol agreement. read more

Learn more about courts created by the Congress under its power under Article I of the Constitution. read more

The age when a person acquires all the rights and responsibilities of being an adult. In most states, the age is 18. read more

Human actions have been divided into necessary actions or those over which man has no control; and into free actions, or such as he can control at his pleasure. read more

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The process for acquiring a patent from start to finish can be quite lengthy, with some taking up to three years or longer. read more

Should I use my name for LLC? There are different scenarios in which it's appropriate to use your name for a business. read more

Learn about when shareholders can be held liable for company debts. Understand scenarios like personal guarantees, fraud, and corporate formalities. read more

Learn how the separate entity assumption affects business accounting, legal structure, and tax treatment. Understand when and why to divide business entities. read more

Will a promissory note hold up in court? Learn about the legal requirements, enforcement options, and potential issues that could invalidate a note. read more