Can one operate a resale store without being treated like a pawn shop?

Generically speaking what you are proposing is different from a traditional pawn broker (which would be more like consignment / collateral...

Break of contract set for trial

It may / may not be difficult to collect on fees awarded by the court. It depends on the financial wherewithal of the opposing party (the...

I bought a new car I gave the dealer $2000 down they wrote on the contract that I gave $3000 Now they are calling me asking me

This isn't necessarily a legal question... if you're asking us if it's OK to reap an undue $1,000 benefit for a scrivener's error, the common sense...

How do i give up my share of a joint owned LLC company?

As Attorney Zelinger notes, irst place to look would be the operating agreement. The Operating Agreement (if competently drafted by a qualified...

Can you establish LLC company without releasing owners name?

Whether the owners of an LLC must be disclosed to the general public differs from state to state. If you live in a state that requires the...

Promissory note loan lost, guarantor defaulted. Do I have any recourse?

As Attorney Moeller points out, there are a number of factual elements that need to be determined. The more data / paper-trail / evidence you have...

What is financial obligation of all partners when LLC company folds

As Attorney Dorans pointed out, members of an LLC (as a general matter) are not personally liable for the debts of the company; thus, unless you...

For a member-managed CA LLC, can services be considered capital contributions in exchange for ownership percentage interest?

As a general matter, equity stakes in an LLC can be obtained by contributing cash, property, debt, services etc. The differences will have an...

Does a written operating agreement for a New York LLC require unanimous consent for adoption?

The Operating Agreement is a contract. You are not bound by it unless you sign it. Moreover, the statutory provisions that your partners refer to...

Individual / customized arrangements for each Member is probably better contained in either a separate agreement or in exhibits / schedules...