Questions answered by Dana Howard Shultz

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I want to leave an partnership (50/50) and start my own company. Can my business partner sue me to say that I stole the idea?

Dana's answer | Answered on July 15, 2012

Your situation is complicated. As partners, you have a fiduciary duty to one another, so starting a competing company using any partnership assets...

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I think i was discriminated against.

Dana's answer | Answered on July 13, 2012

There are not enough facts to provide a definitive answer. However, from the wording of your question, it appears that perhaps you own grandma's...

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I may be considering buying into an internet business. The nature of the business is having a blog talking about dentist related

Dana's answer | Answered on July 13, 2012

At the least, one would need to know the terms of the current owner's agreement with the dentists to know whether the owner's proposed course of...

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I own an LLC in California. If I am acting as the Registered Agent . . .

Dana's answer | Answered on July 12, 2012

I agree with the first three answers and will add the following: If you are interested in the difference between an Agent for Service of Process...

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I do office work for 3 different business out of one building under the same sole propri. but the owner owes me on checks.

Dana's answer | Answered on July 11, 2012

I can only imagine how many other legal problems there are in your relationship with the proprietor (for example, I suspect he may be treating you...

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Can I continue earning money from my online business while on H4 or H1B?

Dana's answer | Answered on July 08, 2012

You are correct that neither of you can work for your existing businesses (websites) while in the US on H-1B and H-4. However, you are not...

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Issues with having a side project/business while working for a company

Dana's answer | Answered on July 08, 2012

I agree with Ms. Johns. There is another issue that you have not raised: If your app becomes "successful", then you may be doing work (you own...

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Is a website’s Terms of Use enforceable?

Dana's answer | Answered on July 03, 2012

Generally, online terms will be enforced if the user had actual or constructive notice of the terms (please see the post at the link below). It...

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How to remove names from a california corporation? it's formed last year, but only 1 person ran the business & plan to continue

Dana's answer | Answered on July 02, 2012

You have not stated the capacities in which your "names" (you) are participants in the corporation. If you are officers or directors (or both),...

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I just got a convertible note for my new business and would like to know if as the founder, I still need to value the business

Dana's answer | Answered on July 01, 2012

I agree with the first two answers and will add the following: You have confused so many issues that it is impossible to provide a direct answer...

Dana Howard Shultz's Answers (5175)

I want to leave an partnership (50/50) and start my own company. Can my business partner sue me to say that I stole the idea?

I think i was discriminated against.

I may be considering buying into an internet business. The nature of the business is having a blog talking about dentist related

I own an LLC in California. If I am acting as the Registered Agent . . .

I do office work for 3 different business out of one building under the same sole propri. but the owner owes me on checks.

Can I continue earning money from my online business while on H4 or H1B?

Issues with having a side project/business while working for a company

Is a website’s Terms of Use enforceable?

How to remove names from a california corporation? it's formed last year, but only 1 person ran the business & plan to continue

I just got a convertible note for my new business and would like to know if as the founder, I still need to value the business