New answers tagged business
4
Who owns my website?
YOUR website is owned by YOU.
If you want it to be owned by your company, you need to transfer the ownership. The domain name registrant and the entity to pay Wix need to be the company, not you.
Same applies to any intellectual property that is used for the website functioning and profit generation.
2
When a company sells you things and ships them to you, they are obligated to actually get them to you: they can't say "We gave it to our shipper, it's your responsibility now". The same is true with a return: you have to be sure that the stuff is received. The typical way of doing that is to insure the shipment and get a tracking number, so that if ...
1
Typically, the correct thing to do would be to describe in detail the expertise that the the young firm has available to it and the means by which is has gained access to it so as not to be misleading.
Otherwise, a claim of tens years experience from a two year old firm would seem absurd and could cause the contract proposal to be dismissed out of hand.
9
It's best to use formal names in legal documents.
For example, Ringo Starr's musical compositions are credited to Richard Starkey.
If you have a business that wishes to do business under a name other than its legal name, you can investigate d/b/a ("doing business as") designation. For the purpose of a single contract or other document, you can ...
5
Referring to your business in a contract, in any other term than what it was incorporated as in its founding documents is a bad idea. Generally speaking, there is a rule that a court will construe ambiguous contract terms against the drafter of the agreement.
This only applies when one party is in a superior bargaining position. If both parties are in a ...
4
CBC, the public Canadian broadcaster, quotes the Bank of Canada:
Even though it is legal currency, the Bank of Canada says it is not mandatory for
Canadian businesses to accept cash.
According to the Bank of Canada, retailers don't have to take bills or coins "because
both parties must agree on the payment method."
I find that surprising because ...
3
The Canadian Human Rights Act states
5 It is a discriminatory practice in the provision of goods, services,
facilities or accommodation customarily available to the general
public
(a) to deny, or to deny access to, any such good, service,
facility or accommodation to any individual, or
(b) to differentiate adversely in relation to any individual,
on a ...
19
Canada may have specific different laws, but in most countries any legal tender must be accepted for payment of a debt. There are subtleties; in the UK for example more than 20 one penny coins are not legal tender. Old coins or banknotes may cease to be legal tender at some point and can only be exchanged at a bank; it seems Canada's $10 bill is nowhere near ...
19
An arrangement like that (if successful) would be a fraudulent transfer in which creditors could gain access to the assets of the company's to which the assets were transferred, if pursued before the statute of limitations for doing so runs (typically four years from the date of transfer, or one year from discovery of the transfer, in the U.S.). In a ...
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