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Todd Eric Gallinger

Todd Gallinger’s Legal Guides

46 total

  • Click-Throughs and Opt-Outs: Information About Contracting Online

    Most of us are familiar with the idea of a contract; we make an agreement with a person to do something, i.e. perform work or buy a car. Sometimes this agreement is sealed with a handshake; other times the agreement is reduced to writing and signed by the parties. But what a...

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  • Selling a Business: Asset or Stock, Which is Right for You?

    Perhaps you have worked hard for many years and are now ready to retire, or maybe you started your business with a clear goal to sell it after building up its value. Either way, you have concluded that it is time to sell your small business. When selling a small business, the...

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  • Who owns "mybusinessname.com?"

    In recent years, the Internet has become a center of commercial and business activity. Businesses market their services on the Internet, find trading partners and sell products to consumers. On the World Wide Web both business and individuals will use their name, or the name o...

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  • Nonprofit Management: Avoiding Conflicts of Interests in Business Transactions

    Many business and community leaders graciously decide to give their time and effort to causes they believe in by becoming a director of a charity. The board of directors of a nonprofit is responsible for setting its strategy and ultimate management, through the executives the...

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  • Federal Security Exemptions for Small Businesses

    If you have recently created a company you may be required to register with the Securities and Exchange Commission (SEC) if you are going to be selling stock of your company. However, the SEC allows for certain companies to be exempt from registering, provided that they meet the...

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  • California State Security Exemptions

    In California to be exempt from registering security transactions with the Department of Corporations, which follows the rules set by the SEC Regulation D as well as the California Corporations Code 25102 (f). There are certain requirements that a company must meet in order to ...

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  • Statute of Limitations in California

    A statute of limitations is a law which places a time limit on pursuing a legal action in relation to a breach of contract; essentially, it is the prescribed time limit in which a lawsuit must be filed. For example, in California, a personal injury claim must usually be filed wit...

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  • Proper Use of Letter of Intent or Memorandum of Understanding

    A memorandum of understanding is an agreement between two parties in the form of a legal document. It is not fully binding in the way that a contract is, but it is stronger and more formal than a traditional gentleman's agreement. Sometimes, a memorandum of understanding is us...

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  • When You Can Specify Damages In a Contract

    Liquidated damages are the fixed sum previously agreed upon to satisfy a specific failure in performance or breach of agreement that is particularly mentioned in the contract. Essentially, the party that fails to complete or fulfill a specifically stated assignment must pay a pre...

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  • What Is an Acceleration Clause?

    The acceleration clause is an agreement in a contract that states the occurrence of certain and specified events will allow the lending party to call for the entire amount of payment immediately due in advance of the previously agreed upon fixed date. Such events that may trigger...

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