Every business owner says it; “Do I really need a written
contract?” The answer is “YES, YES and YES!” Using a written
contract is like buying insurance for your business deals,
but much better.
What Is A Contract?
Simply put, a contract is an enforceable agreement between
…
On June 1, 2005, the Federal Trade Commission issued new regulations requiring companies to destroy certain consumer records. The specific rule requires consumer information such as credit reports to be physically destroyed after it is used.
Records
The rule covers practically any con…
Sen. Partick J. Leahy has introduced the Anti-Phishing Act
of 2005 to Congress for consideration. The Act would allow
federal prosecutors to seek fines of up to $250,000 and
prison sentences of up to five years against individuals
convicted for promoting phishing scams. Online parody and …
Non-Compete Agreements are controversial documents that restrict a person’s right to work with competitors of a former employer. The effectiveness of one such non-compete agreement is on display in a recent lawsuit filed by Microsoft against Google.
Dr. Kai-Fu Lee
Dr. Kai-Fu Lee join…
As you may know, Google is making an effort to scan every book in the world. The goal is to create a giant online database of every book that can be searched. One small problem is the fact that Google is violating copyright laws.
Copyright
Google argues its book database doesn’t viol…
While nothing is ever foolproof you can learn how to protect yourself from identity theft. Identity theft is the fastest growing crime in America today with victims reporting new cases to authorities at an alarming rate.
Last year alone in 2004, more than 9.9 million Americans were victims …
What is a professional parasite? It is someone who produces nothing, but rather collects fees without helping in the growth, profit or efficiency of an organization or business. We can classify such folks with titles of Lawyers, accountants etc. in this group of professional parasites, as they ca…
Investing in a corporate entity is fairly standard practice in our society. Problems arise when you own a small percentage of shares, but disagree with the direction the majority shareholders are taking the entity. As a minority shareholder, do you have any way to fight “the man”, to wit, the m…
If you’ve taken the necessary steps to register your copyrighted works, you inevitably will have an opportunity to royalties off of them. To take advantage of the opportunity, you will need to be familiar with copyright license agreements.
Copyright License Agreement
A copyright lice…
Many people are surprised to learn that the LLC business entity is a fairly recent phenomenon. Wyoming was the first state to legislate the creation of LLCs in 1977. Most states didn’t jump on the LLC bandwagon until 1988 when the IRS classified the LLC as a pass through entity for tax purposes….