Do I already get out of this Business without responsibiliies? If not what should I do ?

You would be best served by contacting a business attorney in your area.

I invested in a small business...terms were 1 yr. investment of $7000 at 10% interest.

This is more of a loan than an investment. You should start by contacting an attorney for a free consult to see what you best course of action may be.

I want to start an e-commerce website using my Grandfather's Surname as the name of my business. What are the legalities of that

You generally would not need anyone's permission to use a family name to start a business, given that the name you wish to use is available in your...

Business partner is being sued

At best, you, your second member, and the LLC assets are safe from the third member's creditors. At worst, he defrauded you, your second partner,...

Cease and Desist for a business and personal entity/charity.

You have a good set of facts just based on what you have said here. Find an attorney who will know how to handle your situation. Look for a...

My ex business partner used our closed incorporated company name to perform business. This was a 50/50 business. I was unaware.

You should bring any old corporate documents you may have and any evidence of your former partner's use of the business name to an attorney to...

Do blogs need a business license?

There are several issues associated with having a website you use for business purposes. You should contact an attorney in your area to walk...

Is it possible to open a bank account in US if i don't live there is so what are the Requirements?

You should contact a large US bank and ask them what the requirements are. There are likely to be several different forms for you to fill out and...

You do not need a partnership agreement to have a valid partnership. A partnership is the 1. association of two or more persons, 2. carrying on a...

Can I use the names of pro teams on a website if I'm not selling a product? Basically it would be a fan experience review site.

This is a difficult question because some teams may be more touchy about you just using their names than others. You could get into a world of hurt...