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Business Law Questions

What is business law?

Business law relates to the laws that are applied to the business units that include partnerships and corporations. Most businesses work together in many different ways. These different ways can include business transactions, contracts, mergers, and leasing. How these different transactions are completed is supervised by the Business Law. Another larger part of Business Law is in the start up or formation of a business. The Business Law is an area that is very widespread and it normally deals with defining the rights and responsibilities of each business, rather than enforcing these laws.

What is international business law?

International business law is different from all the other areas of law. International business law is not classified as an area or governing body, but instead international business law relates to the many different laws, rules and traditions which oversee the influence and deal with the legal connections between the different nations, their governments, the businesses and organizations which will also include their rights and responsibilities as well.

What is the business law and regulation?

When owning a small business the owner is obligated to the same regulations as a larger corporation. When starting out with a small business, all owners must abide by the business law and regulations. Some of the business law and regulations include:
Advertising Law
• Employment & Labor Law
• Finance Law
• Intellectual Property
• Online Business Law
• Privacy Law
• Environmental Regulations
• Uniform Code
• Contact a Government Agency
• Workplace Safety and Health
• Foreign Workers, Immigration and Employee Eligibility

According to the Business law, as a co-owner of a company how does someone get into the inventory and ownership money of the company if the partners want to dissolve the company without giving them ownership?

The other partners that are involved cannot control what is in the inventory by themselves in which creates loss for the other partners. If the other two partners have a majority they are allowed to dissolve the company. Any possessions would either be divided up between each partner or they could sell the assets and divide the money after paying any debts. If the other two partners to not do this then the one who has been affected by this they would have a claim for breach of fiduciary duty.

In the state of New York if a director of a school that is a private non degree, non credit, non diploma LLC, hired someone who does not have their bachelors degree would this affect the school in any way.

As for a private school teacher in the state of New York he/she would need to have at least graduated from high school, and have at least two years of experience in the teaching field. The qualifications and regulations for a private school teacher do vary from state to state.

Business law questions can often be very complex, and where to find the right source to answer the business law questions can often be frustrating. Contact the thousands of available Legal Experts online for more information pertaining to Business Law.

Ask a Business Lawyer

Law Pro
Law Pro, Attorney
Category: General
Satisfied Customers: 1773
Experience:  20 years experience in business law - sole proprietor, partnership, and corporations
11688690
Type Your Business Law Question Here...
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5 Business Lawyers are Online Now

How JustAnswer Works:

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Business Lawyers are online & ready to help you now

Law Pro
Attorney
Satisfied Customers: 1767
20 years experience in business law - sole proprietor, partnership, and corporations
Dimitry K., Esq.
Attorney
Satisfied Customers: 1495
Run my own successful business/contract law practice.
MShore Law
Attorney
Satisfied Customers: 1233
Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements

Recent Business Questions

  • My business has closed down. Today i get a judgment delivers

    My business has closed down. Today i get a judgment delivers which says i have 30 days to call and discuss the payment of an execution of judgement or to put out specific property, real or personal which this office is to levey upon.
    If we do not hear from you immediatlet concerning payment of specific property, real or personal, which you wish this office to levy upon we will proceed to callect this judgment by seizing any non exempt property found belonging to you or which you hold interest according to law
  • In 2004 I started a company under my name. I had a friend that

    In 2004 I started a company under my name. I had a friend that worked with me. For many years we did not make money so the company was dissolved. We shared the same office for a while then I left the office location and I went to a new location. We both used the same business name. I could see things were not going well with him because he never worked so I decided to start a new corporation with similar names and so did he. We conducted business for 4-5 years until under same name with 2 diff websites. I bought the trademark name like 3 years ago. He is now partnering up with a competitor of mine and telling me that his lawyer bought the dissolved company and he has the copyright to the name now and that I can not use the name anymore. I own my own site and also have proof that the site started in 2004 and I have been paying online advertising with companies related to the business since then as well. and I own the trademark not just for the state but for the whole US. Please advise
  • Our small corp. is owed $250,000 for wholesale products sold

    Our small corp. is owed $250,000 for wholesale products sold to a large international specialty retailer over the last two years. They seem to use this tactic on tiny co. like ours because we know of other wholesalers that they have done this to also.
    How can we collect on a limited budget? Can we sue them in civil court "in pro per"? Can we sue them collectively with other firms like ours to share the cost? We have been patient and demanded repayment numerous times to no avail. Are they guilty of any business
    "good faith" or "conspiratorial statures"? Thanks
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