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Business Formation Questions & Answers
0 Answers | Asked in Arbitration / Mediation Law, Business Formation and Business Law for Illinois on
Q: I set up a business & website in 2018 with my now former partner. We didn't have an legal agreement re our partnership

just the public notice of our new business. Both of our names/ addresses are on this public notice as "owning, conducting or transacting business." She took over the website in 2020 & changed the password. This year, she shut down the website without asking me & has told me to... Read more »

1 Answer | Asked in Business Formation, Business Law and Copyright for Washington on
Q: If I purchase nfl stickers and used them to decorate masks to sell would that be copyright infringement?

I am thinking of decorating masks with nfl stickers and then selling them on a craft website.

Marcos Garciaacosta
Marcos Garciaacosta answered on Sep 20, 2021

Very likely. Consult with an attorney.

0 Answers | Asked in Business Formation and Entertainment / Sports for California on
Q: We are e-marketplace that connects student-athletes to users of our platform. We get a 15% fee their services provided.

Do we classify as an "athlete agent"? How do we protect ourselves from "Article 4 - Enforcement" Section 18897.8-18897.97? Any specifics would be greatly appreciated regarding filing expectations for our general partnership. We are very similar to the company Fiverr except with... Read more »

0 Answers | Asked in Insurance Defense, Criminal Law, Business Formation and Civil Rights for Alaska on
Q: can I see my insurance company for the roadside services neglect humiliation degradation and pasta work enviro.laughing

Can I sue for hostile work environment and civil rights being taking humiliated and degraded in front of the company 3 workers who think it's ok to treat someone in a emergency like that

0 Answers | Asked in Business Formation and Business Law for Colorado on
Q: I worked for a private company of whom I own 2,500 shares.. They refused me getting fare market value of shares..

they quoted: Under Article 113 of the Colorado Business Corporation Act, saying "If you wish to assert dissenters’ rights, you must deliver to the Company, no later than [30 DAYS AFTER NOTICE]" which has expired.. I'm curious if someone sends a notice saying you have 30 days and... Read more »

1 Answer | Asked in Business Formation, Business Law and Cannabis & Marijuana Law for Illinois on
Q: I want to start a cannabis business but licensing is too expensive in Illinois, how legal is it to sell cannabis clones

What is a Cannabis clone? A cannabis plant that is a genetic copy of the mother plant. When obtained from a reputable breeder, a clone is a young female cannabis plant with stable genetics. Growers typically select to raise clones instead of seeds when they would rather not risk getting a plant... Read more »

Alexander Ivakhnenko
Alexander Ivakhnenko answered on Sep 16, 2021

No, it would not be legal as the State of Illinois requires a very strict licensing, regulation, and eligibility for any cannabis and its derivatives operation in the state.

Besides, such operation does not qualify as a Sec. 503 non-for profit entity as it would be geared towards profit...
Read more »

1 Answer | Asked in Employment Law, Business Formation and Business Law for Florida on
Q: A company wanting to pay me $400 for 2,500 shares. I asked for fare value of current shares and they said no. see below

they quoted: Under Article 113 of the Colorado Business Corporation Act, saying "If you wish to assert dissenters’ rights, you must deliver to the Company, no later than [30 DAYS AFTER NOTICE]" which has expired.. I'm curious if someone sends a notice saying you have 30 days and... Read more »

Terrence H Thorgaard
Terrence H Thorgaard answered on Sep 14, 2021

If it's a Colorado corporation, you probably should ask your question in Justia > Ask a Lawyer > Colorado.

0 Answers | Asked in Real Estate Law and Business Formation for Montana on
Q: What/How can I assign a condo (Title &n Loan are in my name) to an LLC . I live in & condo is in Montana

We are in the process of setting up an LLC - are any special items need to be address in the LLC By-Laws, so that Title or Deed to a real estate property can be included?

1 Answer | Asked in Business Formation and Business Law for Oklahoma on
Q: What happens, in Oklahoma, if a partner dies that is in a partnership LLC?

No contract ever written. No operating agreement

James Tack Jr
James Tack Jr answered on Sep 15, 2021

The personal representative of a member who dies becomes an assignee of the member's interest. The member's assignee interest could be distributed in a probate proceeding to the heirs or devisees of the decedent. The holder of the assignee interest can become a member upon a vote of the... Read more »

2 Answers | Asked in Business Formation and Business Law for California on
Q: Once a corporation has been formed can shares of stock not be issued, and if so who owns the corporation?

Once a corporation is duly incorporated, who owns the corporation if no shares of stock have been issued, and can ownership change simply by issuing the majority of shares to and officer (say CEO) of the corporation without that officer having to pay for them?

Shawn R. Jackson Esq.
Shawn R. Jackson Esq. answered on Sep 13, 2021

Well ... the first thing to do is to review the documents ... articles, bylaws and organizational meeting minutes. Second, email those documents to a business development attorney of your choice to schedule a free initial consultation by video call or telephone call.

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2 Answers | Asked in Business Formation and Business Law for California on
Q: Once a corporation has been formed can shares of stock not be issued, and if so who owns the corporation?

Once a corporation is duly incorporated, who owns the corporation if no shares of stock have been issued, and can ownership change simply by issuing the majority of shares to and officer (say CEO) of the corporation without that officer having to pay for them?

Doug Bend
Doug Bend answered on Sep 17, 2021

You could change the ownership of the corporation by issuing shares to an officer of the corporation. To do so, I recommend that you have a stock purchase agreement, a Board consent authorizing the issuance of the shares and submit a 25102(f) securities filing for the issuance of the shares.

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1 Answer | Asked in Business Formation and Copyright for Illinois on
Q: I buy throw pillow covers (Amazon and Walmart) and enhance the imagery and sell them. Am I infringing on a copyright
Marcos Garciaacosta
Marcos Garciaacosta answered on Sep 12, 2021

depends

It is not clear what you intent to do, you should consult with an attorney

0 Answers | Asked in Business Formation for North Carolina on
Q: If I am purchasing or trading my in a car, no down payment is needed in connection with code 15 USC 1662b right

Everything is included in the question that I need to know

0 Answers | Asked in Business Formation and Business Law for Georgia on
Q: Can i sue someone that ripped me off by putting money into there account for a buisness and they took off with the money

They are not giving me my money back out of the account and not allowing me to be apart of it

0 Answers | Asked in Business Formation, Business Law and Gaming for Virginia on
Q: is bookmaking the same as pooling?

A business cannot make a sports bet on behalf of someone but can it pool money from different bettors, put it in a fund, and then make its own bet as its own entity?

0 Answers | Asked in Business Formation for Georgia on
Q: How do I change a Limited Partnership to an S-Corp?

I filed my business as a Limited Partnership, but recently found that was incorrect. I need to file it as an S-Corp.

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