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Alaska Business Law Questions & Answers
1 Answer | Asked in Business Law for Alaska on
Q: I am running an organization's bake sale. A customer pays with a one-dollar coin. The intended price is one dollar.

I like collecting one-dollar coins, so I take this one for myself and replace the coin with a one-dollar bill, which is in concurrence with the original intended price and the fiat value of the coin. I have no prior knowledge of the coin's potential value. I take the coin home and get it... View More

James L. Arrasmith
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answered on Mar 25, 2024

In situations like this, the legal and ethical considerations can differ. Legally, if you replaced the coin with an equivalent amount of currency, you haven't technically deprived the organization of its due funds. The transaction was completed as intended with the organization receiving the... View More

1 Answer | Asked in Business Law, Civil Litigation, Contracts and Employment Law for Alaska on
Q: Hired as an employee but the contract signed said Independent contractor covenants and proprietary rights agreements

I want to know if the contract would still be legally binding when trying to get unemployment the company won't give unemployment my Paystub I never received copies either I want to know if I can go after them legally. The Company was in Mississippi but I was hired from Alaska I would like to... View More

James L. Arrasmith
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answered on Jan 1, 2024

In your situation, the distinction between being classified as an employee or an independent contractor is crucial, especially in terms of unemployment benefits. If your contract stated you were an independent contractor but you were treated as an employee, this could be a misclassification issue,... View More

2 Answers | Asked in Antitrust, Banking, Business Law and Civil Litigation for Alaska on
Q: law school as difficult as people think?
Bruce Alexander Minnick
Bruce Alexander Minnick
answered on Nov 14, 2019

More difficult

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1 Answer | Asked in Business Law and Constitutional Law for Alaska on
Q: Do states that allow businesses that are illegal federally, violating any law by restricting stakeholders to be resident
Terrence H Thorgaard
Terrence H Thorgaard
answered on Dec 18, 2016

You are perhaps referring to the Alaska laws allowing the sale of marijuana by certain regulated companies? Generally the constitutionality of state laws, such as these, restricting the transaction of certain business to Alaska residents would have to be litigated on a case-by-case basis.

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