How liable will I be in a general partnership for this business?

The other legal answers are correct but you don't have a " legal" problem, first and foremost. You have a financial "capitalization" problem. ...

Do shareholders or directors elect for the corporation to become a S-Corporation?

IRS Form 2553 states and requires all shareholders agree [vote] and sign the document to elect to be a corporation taxed under Subchapter S of the...

Top down, any entity is better than a sole proprietorship. Period! Bottom up, it depends on a number of factors. First of all, is the general...

My bother and I are starting a construction company? What is the best way to have duel ownership

You have to address the possibility of a "deadlock". There are various ways to do so but works for you depends on your facts and circumstances. ...

Non-Compete on non competitor?

Non-competes depend on the "facts and circumstances" of each case. You asked a "non-compete" legal question, and then provided a "non-solicitation"...

How to open a Branch office in the USA?

What industry are you in? What do you consider a "branch"? Will you have employees in the USA? Are you selling services or products? Too few...

Which steps are required to perform my online business legally?

You really need to speak with an attorney. Risk issues, and options to address risk, are both quantitative and qualitative. So it would require a...

If the only strategy question is saving taxes, then finding the cheapest state to do so would be the best answer. But the question should be;...

Playing book on tape at fundraiser. Any copyright issues?

Simplest way is to contact the Copyright Clearance Center in Danvers, MA.

It depends upon the contract. Under Massachusetts law, shareholders have various rights that require shareholder approval. In addition, your...