Questions tagged [business]

For questions relating to commercial activity

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39
votes
10answers
17k views

If I'm the CEO and largest shareholder of a public company, would taking anything from my office be considered as a theft?

To summarize it, I'll give an example: I'm Bill Gates. I own Microsoft. On a desk, there's a Microsoft Surface that is branded by my company. I decide to take it home and never bring it back, although ...
20
votes
2answers
7k views

Can an AI own a company?

If an artificial intelligence was smart enough to handle all business activity and affairs could it be given ownership of a company?
17
votes
4answers
4k views

Can someone more wealthy than me bury me in legal fees?

USA Federal Law - I have a company worth about $6m. I got on the bad side of a person with a company worth well over $750m (with attorneys on staff). The CEO threatened to bury me in an endless sea ...
16
votes
2answers
2k views

Can I name a real company after a fictional company found in a book?

Can I name my company after a fictional company (of the same type) found in a book?
13
votes
3answers
6k views

Can a business put a specific cancel-by date into a contract?

I attended a gym in Michigan and canceled my membership on 8/28/19. I paid month to month and was under no long term contract. Even though I moved and haven't visited the gym since 8/17/19, I'm being ...
11
votes
1answer
8k views

Does the app TikTok violate trademark?

TikTok, previously known as Musical.ly, is a for-profit app that runs on IOS and Android which allows it's users to upload short videos at includes a backtrack. The app was launched in 2017. Kesha ...
11
votes
2answers
6k views

Why is PayPal blocking my account according to U.S. tax law, if I've a UK account only?

I've opened PayPal account for my business and in My Profile I've clearly selected the UK address. My phone is UK, my bank accounts are UK and the balance is shown in GBP. So this is very clear to ...
11
votes
1answer
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 ...
10
votes
3answers
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 ...
10
votes
1answer
30k views

Is it legal to sell something that uses another product as one of its ingredients?

In example: If someone sells homemade ice cream where they have crumbled oreos and mixed in to make homemade Oreo ice cream, but generically named "Cookies & Cream" or If someone uses Great ...
10
votes
1answer
1k views

Are businesses in Wisconsin required to accept waste oil?

This morning I stopped by a Jiffy Lube with a couple gallons of waste oil, as I had just changed the oil in my car over the weekend and I had dropped this sort of thing off at this location in years ...
9
votes
2answers
11k views

What are the implications of reselling food?

What are the implications of reselling food? Is it legal? What would happen, for example, if in the US I buy Little Caesar's pizzas (with no delivery service) and sell them on another place? What are ...
8
votes
1answer
2k views

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 ...
8
votes
2answers
366 views

Can a company handle paying taxes and other bureaucracy work for a freelancer

Pardon my terminology. I'm very much not a lawyer, but I used to watch Ally McBeal as a kid, so I think I got the hang of this. This is actually a subset of a vastly larger problem, so the ...
8
votes
2answers
293 views

Is UPS allowed to take my money and business without intention to fulfill its side of the transaction?

I went to my local UPS store to send a package to a place in North Carolina that buys dishes, crystal, and flatware. I handed the UPS store the address and the clerk printed out the ticket because of ...
7
votes
3answers
4k views

"This provision survives the termination of this Agreement."

In a business contract, does the following statement : "This provision survives the termination of this Agreement." Means that the provision survives for a unlimited amount of time? Is there a ...
7
votes
1answer
3k views

Can non-US citizens own equity in US companies?

Can a non-US citizen who has never been to the US own equity in a company that is only incorporated in the US?
6
votes
2answers
630 views

Why is a company allowed to change the number of shares it’s divided into after its IPO?

I read that even after an IPO, a company can change the number of shares that it’s divided into based on a board vote. What’s to prevent them from arbitrarily increasing the number of shares to raise ...
6
votes
1answer
70 views

Selling stuff online + fundraiser campaign questions (EU)

Let's say I have a friend who owns a factory and makes rings and necklaces according to my unique design (1000 pieces order minimum). I want to sell them strictly online, and I'm sure that I won't be ...
6
votes
0answers
76 views

What licenses and registrations are required to start a home business repackaging food in NY?

I'd like to start a home business repackaging food in New York State in the US. For example, let's say I'm buying 10kg bags of rice from the supermarket and I want to put them into jars each ...
5
votes
1answer
492 views

Forming an LLC in Idaho: Is programming professional?

I'm forming an LLC in Idaho for a software development / consulting business. I'm planning to go directly through the Secretary of State. I see two different forms: A "Certificate of Organization ...
5
votes
1answer
4k views

Can a store sell merchandise I've left in the store?

If I purchase merchandise in a physical store, and then (accidentally or not) leave the merchandise at the store after I've paid for it, is the store allowed to resell that merchandise to another ...
5
votes
1answer
3k views

Is using font on a business card considered commercial use?

I'm currently designing a business card for a client and looking for an applicable font. A lot of these fonts are marked with some sort of payment required for commercial use. While I don't plan to ...
5
votes
1answer
336 views

What crime is commited when a mechanic charges for an unneeded or non-existent service?

There a number of mechanics who take profit of people's ignorance of car mechanics to charge for unneeded or even non-existent services, like change the blinker fluid or perform an capacitive ...
5
votes
4answers
26k views

Is it legal to sell game items for real money?

Me and my friends play WoW, LoL etc(online games).. Is it legal to sell in-game items for real money? I know it's a small case and probably won't be chased after but in terms of law, is it perfectly ...
5
votes
1answer
230 views

Hypothetical question about value created using stolen money

I was thinking about this scenario where a person steals some money and uses that to start a business and even becomes very successful and makes many times the initial money. I was wondering that if ...
5
votes
3answers
942 views

Proving Theft From a Store

If the burden of proof lies on the plaintiff, how could the plaintiff prove the defendant didn't pay for an item removed from a store. From what I understand a negative can't be proven. In this case ...
5
votes
2answers
2k views

How is a shareholder allowed to sue the company?

There are news about shareholders suing VW due to the losses that happened by the emissions fraud (lots of examples in the news, this is just one of them). Now, I understand customers suing VW, and I ...
5
votes
2answers
190 views

Can you operate a liquor service outside a prohibited area and make deliveries into the prohibited area?

There is one small holdout in Southern Alberta where prohibition of liquor is still in effect. Consumption isn't prohibited, but the sale of liquor is. There was even a recent plebiscite where the ...
4
votes
2answers
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 ...
4
votes
2answers
506 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 ...
4
votes
2answers
950 views

Can someone deny cash as the payment method?

There are a few restaurants in my area where cash payments are not accepted. They only accept electronic payments such as credit cards, local debit cards, etc. Is this legal? On most currencies, it is ...
4
votes
3answers
711 views

Borrowing from a relative or friend without documentary evidence — is it money laundering?

Suppose a person borrows money from a relative or friend, say, 10 million USD, without documentary evidence — the transaction is purely based on trust and cultural norms. If the borrower invests the ...
4
votes
4answers
1k views

How to gather Compelling Evidence to prove that business is fraudulent?

My friend's small business agreed to a one-month risk-free trial service from one Credit Card Processor company. However, she did not like the service, because it did not live up to verbal promises ...
4
votes
1answer
347 views

Is a B2B blacklist legal

We have a business client who is a non-payer and we've had enough. Is it legal to share details of this non-paying business to other businesses like mine? It wasn't mentioned anywhere in the ...
4
votes
2answers
1k views

Can other party sneak in new contract terms via termination notice?

My friend's business applied for a credit card processor company's service. When signing up for this service the only document they asked her to sign was Application Form. Also, their sales person ...
4
votes
2answers
88 views

Confusion about by-laws, unanimous member agreements, and appointment of directors in Canadian not-for-profit organizations

The starting point for my question is this by-law for a not-for-profit organization in Canada (the by-law is about the make-up of the board of directors): "(b) A majority of the Directors must ...
4
votes
5answers
2k views

Is it legal for an auctioneer to know max bids and place bids themselves to increase the price?

There is an online auction that has the option to place a max bid (an automated process for the bidder to bid up to a specified value). Also, in the terms & agreement for the auction, it is ...
4
votes
1answer
719 views

Does Canada have a less litigious culture than the United States?

I have an anecdotal question about the legal culture in Canada that is based on a personal observation of mine and may not be answerable here definitively. But here goes: Last summer my family and I ...
4
votes
1answer
6k views

Making bad movies as money laundering scheme?

There is this youtube channel called I Hate Everything in which, among other things, this youtuber reviews Imdb's 100 lowest ranked movies in search for the worst movie: https://www.youtube.com/...
4
votes
1answer
3k views

Can a repair business sell goods that haven't been picked up for over a year?

A friend has an upholstery shop in Buffalo, NY. A customer brought her a set of seats to re-do more than a year ago. The project was completed and several attempts have been made to contact the ...
4
votes
2answers
456 views

When is misrepresentation and concealment allowed in negotiating contracts?

Suppose I, or a company I own, want to purchase a domain name from an existing owner. Am I allowed to blatantly lie about the interests I represent and why I want the domain? Can I, for example, buy ...
4
votes
1answer
233 views

Did the judge try to order me to pierce the corporate veil?

In a legal proceeding a couple of months ago, I was unfortunately at the disadvantage of not being represented by my attorney. (There is a reason which is unrelated to this question.) I'm not a ...
4
votes
1answer
364 views

Referring to Software Engineering in a US state that licenses engineers

This is strictly hypothetical for the moment and I will retain qualified legal counsel before making any real-world decisions. This question is only to get a general idea of what to expect. Suppose I ...
4
votes
1answer
99 views

Recording a phone conversation with customer support/sales

I understand the law about private communications in person and over the phone not allowing recording. However, in cases where a consumer records a conversation between him and a company offering them ...
4
votes
1answer
46 views

What legal document is used for listing business partners or company directors?

My friend and I have registered an LLC for the purpose of running an e-commerce website. The registration form for Colorado business application did not ask to list company directors, nor did the EIN ...
4
votes
1answer
621 views

Does my company need an escrow license if we are a marketplace website?

We have a marketplace website that allows buyers to purchase content from sellers. We then pay out the seller's balance after 30 days. Our payment processor is requiring us to have an escrow license ...
4
votes
3answers
4k views

Cheapest country to form a business within the European Union [closed]

I am a Greek (freelancing) software developer interested in forming a company to be able to legally invoice my clients. Crazy taxes in Greece prohibit myself from running a company in my own country (...
4
votes
2answers
149 views

What are the benefits of a incorporating vs. operating an LLC?

I'm in California, but have been told to Incorporate or become an LLC in Nevada. Is there any reason to do this out of state, other than cheaper renewal fees?
4
votes
1answer
103 views

Restrictions on international data storage?

Firstly, I apologize for any brevity in my question and description. I'm under a NDA and can't really give out specifics. A company in the Netherlands is saying that it would not be lawful for them ...

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