What is a C Corporation?
A C corporation is a business that is a distinctly separate business and tax identity from its owners. Because it is not an S corporation, sometimes a C corporation is referred to as an ordinary corpo...
Business Law
Your Personal Liability in a Partnership
Your personal liability in a business partnership, as well as your partnership liability, can vary. Partnership liability can depend on the type of partnership you enter into, as well as your position...
Do Franchise Laws Vary by State?
While every franchise business is subject to the Federal Trade Commission (FTC) Franchise rule, franchises are also subject to state franchise laws and regulations as well. While the FTC rule is aimed...
What Happens to a Franchisee if the Franchise Business Fails or Changes Ownership?
When one franchise business merges with another, the franchisee's business rights are almost always affected. It doesn't seem fair that a franchise owner who may have once been a competitor, perhaps r...
Can a Buyer of a Franchise Select the Business Location?
The amount of input a buyer may be able to give when determining the location of their franchise will also depend on the experience of the franchisor. Because the franchisor knows its brand the best,...
When You Can’t Make Payments On Your Small Business Loan
Although your situation may seem fairly fluid, the fact of the matter is that if you fail to pay a small business loan, even if your failure to pay was due to your small business failure, there is a p...
Buying or Selling a Business: Intangible Assets
Determining the value of a business' intangible assets can be a challenge. Following is a brief discussion of some types of intangible assets and factors affecting their value....
Kia and Hyundai Agree to Record Settlement with EPA in Fuel Economy Lawsuit
Korean automakers Kia Motors and Hyundai Motor Co have agreed to a financial settlement with the United States government in the amount of $350 million for overstating economy ratings in vehicles....
Termination and Nonrenewal of Your Franchise Agreement
Can the franchise agreement be terminated or not renewed?...
7UP Sued for False Advertising on Soda Label
The manufacturer of 7UP has been sued for false advertising on its new line of Cherry Antioxidant sodas. The lawsuit alleges 7UP has mislead consumers into believing that the product contains antioxi...
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