If we incorporate our sole proprietor business....what does that protect?

Incorporating, forming an LLC, or establishing another type of entity will generally protect the company from the owner's liabilities. In fact,...

If you signed the lease together (ie, not two separate leases signed individually), you likely have joint and several liability, meaning that the...

I privately sold a used car, now the buyer wants a refund, am I obligated?

Probably not, provided you acted in good faith. However, be aware that just because they don't have a valid claim doesn't mean they can't bring an...

We have an LLC partnership between my husband and I. What will it take to close the partnership and him open a sole propritor.

You mention an "LLC Partnership" which is a bit unclear. There are numerous forms of business entities, but I am unaware of an LLC Partnership...

Do I have a case for a customer posting a review online about my business and personal life all in one review?

You would likely have a difficult time pursuing an action against her for the vehicle issue, but an attorney with additional information could give...

I am on disability i want to form a corporation or an llc in the future for a trading account what are my options

You can certainly form either for your purposes. Generally, an LLC would be easier to establish and run, but there are some instances where a...

I would be shocked if the contract you signed with the alarm company did not have a substantial limitation of liability provision, which would...

Can an organization collect monies from unadvertised fees?

Probably not, barring any other documentation stating the fee.

Seller suing buyer for damages on real estate contract. Do I have a good reason to back out of a contract?

It will make it substantially easier for you if you gave notice at the time that you were not going through with the contract for the reasons...

Part owner and president of restaurant/ corp. with 333 shares of 1000 shares in my name. want out without losing all money

Do you have a buy-sell agreement or shareholder agreement? These are very important agreements to have in corporations and LLCs. Bylaws may also...