Questions tagged [business]

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Is a company legally obligated to refund a deposit on a partially finished software product?

Company A has a contract with Company B defining the scope of a software product to be delivered by Company B. The contract requires a 30% deposit to initialize the project. The contract does not ...
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2 votes
1 answer
44 views

How to become a Consultant for a patent applications?

When certain firms apply for patents, I hear that sometimes they contact experienced engineers who act as consultants. Personally, I am an electrical engineer (Ph.D.) and I was wondering If I can do ...
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1 vote
1 answer
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Is it possible for a no-sales clinical or pre-clinical stage or prototype stage biotech. company to meet the IRS definition of "trade or business?"

Is it possible for a no-sales clinical/pre-clinical/prototype stage biotechnology company to have any activity carried on "for the production of income from....?" IRS says: "The term ...
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What business structures offer options to sell stock to interested investors without being an IPO? [closed]

I have a business I'd like to start and want to sell 49% of the company to various investors, but still keep the majority control of the company. I don't really think an IPO is appropriate (or ...
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3 answers
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Shared expenses for a home office and piercing the veil

I have a single-member LLC and I am about to start software consulting with it for the first time. I have a home office and I plan on deducting utilities, internet, and so forth on my taxes. I will ...
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2 answers
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Can the US break-up a foreign company (specifically Bayer) after it has merged with an American one due to an increase in market power?

In 2018 Bayer and Monsanto had a huge merger. In the future it is possible that it will be in the US's interest to reverse their decision due to the sudden shift in market pressure. That said Bayer is ...
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1 answer
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Gave Loan After Due Date on a Contract. Is the contract still enforceable? [closed]

I loaned someone a sum of money on a contract that was dated on January 5th by both parties. The contract, however states the loan was to be sent on January 2nd and the money was sent on January 5th. ...
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Is it necessary to be certified before opening a photography studio?

Suppose that a person is not certified as a professional photographer in Nigeria, but believes that s/he has enough personal experience to run a studio. Is there any legal problem if such a person ...
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1 answer
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Receiving transactions to a company bank account located in a different country

Can a company based in a country A receive incoming transactions to a bank account that belongs to the company but is in a different country?
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-2 votes
2 answers
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Is it possible to start a business with a partner and have the rigths for the software that i wrote? [closed]

So I have partnered with a guy that had an idea, but cannot write code, that's where I came in the picture. He worked 7 years in the industry that were are trying to break into and knows the ...
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Working for company that works with another company that works with Russia

Hypothetically if a person worked with a company based out of the US (company A) that worked with another company based out of the US (company b) that worked with individuals in Russia, under US ...
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1 vote
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If I jointly own a piece of land in the UK and the other party starts a business. Would I be liable for the business

I jointly own a piece of land with my sibling on which we have built stables. They are planning to rent out a number of the stables to another party. The business will be their interest only (I will ...
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1 vote
1 answer
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Trading equity with cash without Notary public

Three co-founders A, B, and C come together to build a project (startup) and sign a founders' agreement. After few months, co-founder A would not want to continue, but based on the original founders' ...
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UK: Letting rooms in your home through your own, limited company

I own and live in a house in UK with more rooms than I need, so I can rent out the surplus rooms. In UK there is a government scheme (HS223) that would allow me to earn £7500 per year tax-free, but I ...
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Can U.S. companies legally document stock buybacks as assets?

In the U.S., Jack creates a C-corporation and funds it with $100, receiving 100 shares in return. Greg, a passive investor, then gives the company $900 in exchange for 900 newly issued shares. The ...
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1 vote
1 answer
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Where can one report a business who illegally charge surcharge for customers paying by card?

In the last few years it became illegal in the U.K. for businesses to charge £0.5 or what have you to customers who choose to pay by card. What was the name of the law that enacted this, what is the ...
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Made an app, how to legally pay content creators and file tax exemptions

I’ve made an app that’s completely free to use and isn’t otherwise monetised, for now. That being said, I want to do a couple things that involve money: For a campaign, I want to donate X dollars ...
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19 votes
3 answers
6k views

Is it legal for a business to refuse service to a former customer in retribution for them leaving negative online reviews of the business?

The workers of the business are excellent at what they do and lovely people, while the manager is always a mean jerk to everyone. I don’t want to stop going there just because of him but I’m finally ...
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1 vote
1 answer
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Can you retroactively pierce the corporate veil?

A business injures a customer. The customer sues and seeks to pierce the corporate veil and hold the business owner personally liable. The customer is able to present evidence of misconduct satsifying ...
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Is it legal for a private individual to informally rent out cars in the UK without any licenses, certificates, insurance, etc?

What types of bureaucratic red tape are there in the UK to setting up a car rental business? Suppose I have a bunch of cars and would just like to rent them out to people can I just start advertising ...
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22 votes
9 answers
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If an employer owns any work you produce whilst employed, do you have to be un-employed before you can begin a startup?

I've always liked the idea of owning a start-up company, during my employment history I've encountered problems and developed solutions I think could be developed into an actual product. I'm concerned ...
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16 votes
2 answers
4k views

Can I frame my app business as a nonprofit if users can choose the amount to pay to download my app?

This question is inspired by the website https://elementary.io where you can set the amount you want to pay to download the product, which is by default set to $20, and you can even set it to $0 in ...
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1 vote
1 answer
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How long should I wait for a Data Access Request in Ireland

A few weeks ago I made a Data Access request to an Irish company I've been doing business with for just over 10 years. I've not received any sort of response - not even an acknowledgment of my e-mail. ...
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Should a business testimonial advertisement without any contact information be used "as is" in a publication?

A testimonial advertisement was provided by a business (for their own endorsement) in a publication. Traditionally, print advertisements may need some sort of visual text contact information to be ...
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1 vote
1 answer
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GPDR: Are third party companies alowed to track my e-mails

I live in Ireland and I've been doing business with an Irish company. That company has using a third party for its main IT system and this system has been sending me e-mails. Just recently I've had a ...
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2 votes
2 answers
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Can you designate someone to sign a contract for a company with certain restrictions?

As I understand it, for companies to sign contracts, some individual must sign their signature or else the contract is void. I have read that non-officers in a company must be given the capacity to ...
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Question about "place of business" in trade license/business license [Bangladesh]

My brother wants to start a software business. So, he got a trade license form. In there, there is a field with the name "place of business". If the place of business is rented, then a copy ...
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-1 votes
1 answer
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Can I make a restaurant from a game and make it into a real business?

Is it illegal to make a restaurant from five nights at Freddy’s and make it into a real life Restaurant? It‘s just a thought that randomly came to mind.
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1 vote
3 answers
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How can sole traders legally circumvent 'no business use' restrictions in domestic contracts?

I would like to get some advice regarding using consumer services for business purposes, where the contracts for the services have terms that when taken in isolation, forbid the use of the services ...
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-1 votes
1 answer
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Can a business allow employees to use their own developed software for work as a way to protect its proprietary software?

Can a business allow employees to use their own software for work as a way to make sure that if the company has to declare bankruptcy and sell all its assets, then it can hide its proprietary software ...
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1 vote
1 answer
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Does the SEC/FINRA have the legal authority to block a SPAC merger if it doesn't violate antitrust laws?

On October 20th, 2021, Digital World Acquisition (DWAC) announced a definitive merger agreement with Trump Media and Technology Group. However, in early December, it was revealed that the SEC and ...
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8 votes
1 answer
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Can an airline forcibly remove a senior citizen who is wearing a soiled adult diaper?

I am curious to know if an airline has a legal right to forcibly remove a senior citizen from an airplane if it is discovered that this person is wearing a soiled adult diaper. Say for example that ...
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2 votes
1 answer
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Financial law - limited liability - use of personal balance sheet term

It appears that senior executives in China are using their personal balance sheets to help the property development companies they own make their interest payments on time as regulations and market ...
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1 vote
1 answer
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How do I convert a partnership to a sole proprietorship?

My wife and I have a partnership for a small business (cash flow < $50k/year in either direction), registered in Oregon, USA. She died recently; I am her sole heir. Her will and the partnership ...
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1 vote
1 answer
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GDPR and Certification Check

Based in UK. I manage a certification website that allows users to register an account and complete a course, before doing so they explicitly agree to the website's privacy policy and GDPR. The ...
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1 vote
0 answers
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How far does a boycott need to go before it's considered illegal?

The story here is as follows: The /tg/-goers among us may know it better, but several months ago, a small outfit called Postmortem Studios released a card game called "Gamergate: the Card Game.&...
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2 votes
2 answers
292 views

What is the legal basis, if any, for the idea that sellers are responsible for lost packages?

I recently had a package misdelivered/lost by USPS, and the small e-commerce retailer I purchased from refused to refund or replace, pointing to their “refund policy” which does include a line saying ...
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1 vote
0 answers
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Can recursive acronyms for projects consist trademark brands?

Example of known recursive acronyms: GNU - GNU's Not Unix Wine - Wine Is Not an Emulator Can you use similar approach by including into your project name the letters from major registered trademark ...
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4 votes
2 answers
1k views

Is it legal to run a business where members subscribe for a chance to purchase a product each month?

Trying to determine the legality of a business idea in the United States. The business would offer a monthly membership for a set price. This membership grants the member 1 entry per month. Each month ...
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2 votes
1 answer
60 views

Insider trading and assertions made by influent agents

It is possible for an influent (private) agent, namely someone who has the power to direct the market, to buy a stock before giving a positive announcement about the stock itself? Does his investment ...
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2 votes
1 answer
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What prevents a business from separating the liability and revenue into two separate entities?

I know holding companies are a common way to separate the liability of business operations from the assets of a company, but is there any legal reason why businesses don't take this a step further? ...
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-1 votes
3 answers
608 views

Why are the owners of OnlyFans not arrested for profiting from child pornography?

Over the last three months, the BBC has been reporting about children selling pornographic images and videos of themselves on British online platform OnlyFans. They also reported that it was easy to ...
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0 votes
0 answers
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Can I use a pseudonym for my business if I already have an LLC set up?

I already have an LLC on which I plan to create a self-publishing company. The problem is I'd like to write for both children and adults, and thought having a pseudonym for the children's books would ...
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-4 votes
1 answer
66 views

Is there a difference between mandating masks and encouraging masks?

Some businesses, etc. have signs at entrances stating that all people are encouraged to wear masks. Is this different than mandating that everyone is required to wear them in order to enter? In other ...
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2 votes
1 answer
80 views

Who owns my website?

I started a website on Wix, and then I registered a limited company later. How does my limited company own my website? I paid for the Wix website and the domain myself with my own money under my own ...
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-1 votes
1 answer
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I returned an order to a business online that has a "typical" return policy, and they have not issued a refund. How can I take legal action? [closed]

I ordered an item from business online that has a "typical" return policy, i.e., a full refund will be issued in, say, two weeks upon receiving the returned item, assuming that the item has ...
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1 vote
1 answer
30 views

Using business experience of the seller by a young buyer corporation to bid works/contract with a PSU

Company A, an existing multinational for 10 years, enters into a Business Transfer Agreement with a small Indian firm, B, incorporated in 2019. Can B quote the experience of A in last ten years (...
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4 votes
2 answers
513 views

Use of a trademark instead of a business name

Can a trademark name be used instead of a business name in legal information such as web-site and product copyright notices, EULAs, Terms Of Use, Privacy Policy, etc., provided that the actual ...
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10 votes
3 answers
5k views

Can a business owner refuse specific Bills and Coins?

I was reading an article article which outlines a Pizza Shop owner in Canada who is refusing to take $10 Bills with John A. MacDonald on them. For context John A. MacDonald(the first Prime Minister of ...
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11 votes
1 answer
3k views

Spin-off company with all parent's debt?

Out of curiosity, is it theoretically possible for a parent company to create a spin off company that holds all of its debt and no assets? Then the subsidiary spin-off company will declare bankruptcy ...
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