One type of business fraud identified by the FBI, is non-delivery of merchandise. This often happens to consumers who buy online and simply never receive what they paid for.
When you start a business, you can only hope that things will proceed as planned and you and your business partner can successfully cooperate with each other for years to come. Unfortunately, it's not always that simple. As a businessperson it is very possible you may run into some serious conflicts down the road that could potentially land you in court.
Business lawsuits can take many forms. As a business owner, it's important to know how various types of lawsuits begin and what options you may have. At the end of the day, you may need to utilize lawsuits to protect everything you have worked so hard for thus far.
While it is true that all breach of contract cases have their own unique details - such as what was promised or how much it cost - there are still basic elements that a judge will look at every time a claim is made. These constant elements can help determine A) if there was a breach and B) what is owed as a result of that breach.
If you have investments, a will, or a company with a board of directors, then you should know what the term 'fiduciary' means. It's a term that refers to someone who's in a position of responsibility. Anyone who assumes such a role, whether it's as an investment portfolio manager, an executive of an estate, or a board member, generally qualifies for monetary compensation or other valuable benefits in exchange for their services.
California employers often have their employees and independent contractors sign confidentiality agreements before they're allowed to take on a job. Employers do so for a variety of reasons. One of the more common reasons is to protect the business' intellectual property rights such as trade secrets. Confidentiality agreements often spell out the penalties that a worker face should they violate their company's trust.
Intellectual property laws cover an expansive array of business practices. One area covered by IP laws focuses on unfair competition.
Many shocking details emerged from the recent trial of famed movie producer Harvey Weinstein. One particularly eye opening detail revealed to the general public is how someone in a position of power like Weinstein often require employees to sign nondisclosure agreements (NDAs) in hopes of keeping workers quiet about any alleged indecency in the workplace. If you're using an NDA for the same reason, then you could expose yourself to legal liability.
The internet is a great tool for consumers. Not only does it allow them to search for local services and goods, it also provides a platform for their voices to be heard. While this is great when customers have positive feedback for your business, many business owners are unsure of how to respond after receiving a negative review. Entrepreneur offers the following advice on how to handle poor customer reviews in the best way possible.