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Learn to define public limited liability company (PLC), its advantages, disadvantages, key characteristics, and compliance requirements for raising capital. read more
Learn about consideration notes in contract law, including valid forms, key features, and case law examples that shape enforceable agreements. read more
Learn what a collateral promise is, how it differs from an original promise, and why writing, enforceability, and risks matter in contract law. read more
Learn the void ab initio meaning in contract law, its legal consequences, and how it differs from void, voidable, and unenforceable contracts. read more
Learn how to calculate damages for negligence, including compensatory, punitive, and economic damages, plus how comparative negligence laws impact claims. read more
Learn how advertisements & unilateral contracts differ, with real-world unilateral contract examples like reward offers, job bonuses & limited-time promotions. read more
Learn about essential LLC entity documents and how to draft a contract to protect your business, ensure compliance, and define clear legal obligations. read more
New Jersey does not require an LLC operating agreement, but having one protects members, defines management, and avoids default state rules. read more
Wondering how many employees a corporation must have? Learn what’s legally required, what the IRS expects, and how corporate size impacts employee count. read more
"Can I use Inc. in my business name? Learn about legal requirements, the significance of incorporation designators, and the benefits of incorporating your business." read more