Consideration notes indicate the items of value that are exchanged by each party to a contract. read more

A collateral promise is one that is established by statute. A promise established aside from the legal statute is referred to as original. 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

Limited liability companies (LLCs) formed and registered in the state of New Jersey are not required to write or file an operating agreement. 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

Learn how to close a business bank account after LLC dissolution, including legal steps, IRS requirements, debt resolution, and fund distribution. read more