A corporation is owned by its shareholders. An ownership interest in a corporation is represented by a share or stock certificate. Shareholders have certain rights, including the right to vote … Continue reading “Corporate Stock and Bonds”
Business Law Blog
Introduction to Corporation Law
A corporation is an artificial person that is created by governmental action. The corporation exists in the eyes of the law as a person, separate and distinct from the persons … Continue reading “Introduction to Corporation Law”
Business Organizations
A corporation is an artificial person that is created by governmental action. The corporation exists in the eyes of the law as a person, separate and distinct from the persons … Continue reading “Business Organizations”
Labor and Employment Law
This section looks at some of the significant laws that regulate employment and the workplace. Unions and collective bargaining, the employment-at-will doctrine, employees’ privacy rights, workers’ compensation, workplace safety, and … Continue reading “Labor and Employment Law”
Agency
Agency is a relationship based on an agreement authorizing one person, the agent, to act for another, the principal. For example an agent may negotiate and make contracts with third persons on behalf of … Continue reading “Agency”
Insurance
Individuals and businesses establish plans to protect their personal and financial interests against events that threaten to undermine their security. This concept is risk management. The most common method of … Continue reading “Insurance”
Secured Transactions in Personal Property
A secured transaction is created when a buyer or borrower (debtor) grants a seller or lender (creditor or secured party) a security interest in personal property (collateral). A security interest … Continue reading “Secured Transactions in Personal Property”
Consumer Protection
Pursuant to the common law doctrine of caveat emptor, the buyer could not recover from the seller for defects on the property that rendered the property unfit for ordinary purposes. … Continue reading “Consumer Protection”
Sales and Leases of Personal Property
A sale of goods is a present transfer of title to movable property for a price. This price may be a payment of money, an exchange of other property, or … Continue reading “Sales and Leases of Personal Property”
Personal Property and Bailments
Personal property includes rights that are intangible, such as accounts receivable or intellectual property such as a patent or trademark. It also includes movable property. Movable property includes things you … Continue reading “Personal Property and Bailments”
