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

Termination of a contract The law recognises 6 broad categories where a contract may be terminated. Termination simply means comes to an end - the 1980s Arnold Schwarzenegger film gave it something of ...
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Is a company legally obligated to refund a deposit on a partially finished software product?

Is a company legally obligated to refund a deposit on a partially finished software product? Generally speaking, no. For it to be otherwise, (1) the contract would need to outline the conditions for ...
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How to become a Consultant for a patent applications?

You could get a law degree and become a patent attorney. To be able to even take the patent bar one needs an academic background in engineering or science. Another possibility is to study for and take ...
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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 or pre-clinical stage or prototype stage biotech. company to meet the IRS definition of "trade or business?" Yes. Any economic activity carried on ...
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Shared expenses for a home office and piercing the veil

Generally, how the expenses are booked matters more than the accounts out of which they are paid. If accounting entries reflect adjustments for payments of business expenses out of personal accounts ...
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Shared expenses for a home office and piercing the veil

I also plan to pay the utilities with my business bank account. As long as you categorize the payment as a distribution to the owner there is no problem here. Trying to mix up personal expenses with ...
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Shared expenses for a home office and piercing the veil

The danger is not “piercing the corporate veil” (which basically removes your personal protection against problems that the company might have), but being accused of tax evasion, which the director of ...
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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?

With exterritorial enforcement of domestic laws, it is important to watch how things are described. The US government cannot force a German company to break up. The US government can limit/prohibit ...
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3 votes

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?

Starting at the top, a company can be restructured ("broken up") under anti-trust laws (classical examples: Standard Oil, ATT), however restructuring is not common. Approval of a merger does ...
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