If I were to be in a partnership LLC, and my partner wants to transfer a property into the company, would that automatically affect his amount of ownership like an initial capital contribution would? Or is there a choice to not give over ownership for the contribution to the company
The... Read more »
answered on Dec 22, 2022
This first question is "what does your operating agreement say about it?" If you don't have one, then the question becomes whether this is being transferred for value received, transferred without value, and why the transfer is being made.
If it is being made for value from... Read more »
Example if I have a window cleaning business. And I hire another company to do the actual work.
answered on Dec 20, 2021
Yes, this is commonly done in many businesses including web-development, construction, various service businesses, and software development. The only exception would be if you sign a contract with the customer stating you will do all the work or that you represent you "will not"... Read more »
He wants to transfer the money straight into my bank account. Is this money then legally mine? Is there any legal action he can take if I don’t give it back? He has no access to my bank other then him having it transferred
answered on Nov 18, 2021
If it is not a gift to you, then you are holding it in trust for him, and it would not be legally yours. But he would not have access to it, and if you refused to give it back, then he would have to sue you. If there is no signed agreement stating the terms by which you are holding the money for... Read more »
Pics was shown as soon as incident pics was sent to email from front desk. Of bed bug
answered on May 19, 2021
Dispute the charge with your bank as unauthorized, which it sounds like it was.
answered on May 21, 2020
If a purchase price and payment plan have been agreed, there is no legal requirement to specify any interest rate. And even if there were, and it was omitted, the omission wouldn't make the contract "illegal." It might be more of an income tax issue to determine what portion of the... Read more »
Should I reword questions or cite sources or both ?
answered on May 19, 2020
Test questions are subject to copyright. And the testing companies have enough money to go after infringers.
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answered on Apr 9, 2020
Can you provide any more information on this question? It's not clear what the legal issue is. Did you win something in a competition but you have to pay postage?
This is regarding a litigation I would like to bring to light in Ohio. Its very specifically plagiarism and the plagiarist has even used my penname. There are many specific parts of this that make it very difficult, one being I was a minor aged 13 when I wrote it and the law says I have no right to... Read more »
answered on Feb 27, 2020
It’s technically infringement because copyright protection begins when you put pen to paper. However, you must prove that you created the work in the first place. That might be tough to do in your predicament. Always a good idea to register your works with the copyright office, and always use an... Read more »
I want to form an LLC form my freelance graphic design company, Im the only employee for now. I also wish to sell t shirts, posters and such under same brand. Like how Disney for example creates movies and sells apparel. Would I need to form two seperate LLCs or just the one and create a dba for... Read more »
answered on Feb 24, 2020
There are both legal issues and tax issues to consider. You'll first need to talk to your business tax adviser about your tax situation and the plans for your business, to determine the preferred organization structure. Then use the Find a Lawyer tab to retain a local business attorney to... Read more »
over the past month I helped with collecting the payments and sending them to the vendor for the items. The vendor never shipped any items, she made fake tracking numbers, and etc. People are saying they are going to report me because I took their payment but I have proof from my bank account that... Read more »
answered on Aug 5, 2019
Since you saw the need to double down and admit to being involved in further cybercrimes I saw the need to repeat my advice posted in answer to your earlier question.
Based on your own description of the "online business" that you say you "help run" it will be hard for... Read more »
over the past month I helped with collecting the payments and sending them to the vendor for the items. The vendor never shipped any items, she made fake tracking numbers, and etc. People are saying they are going to report me because I took their payment but I have proof from my bank account that... Read more »
answered on Aug 4, 2019
You should hire an attorney to go through the transactions, the customer complaints, and the rest of your business to help you prepare to defend allegations that you are part of the scam.
answered on Jul 23, 2019
Hi:
In the state of Ohio, you should have three things to start an LLC: your articles of organization (filed with the Ohio Secretary of State, your EIN (filed with the IRS), and an operating agreement (between you and the other members).
The articles of organization and EIN are... Read more »
Don’t have more information
answered on Jul 8, 2019
Any lawyer could sue a big company, but without more information none is going to.
I am interested in creating a program that I started in college for a capstone class. In the capstone class I worked with a group and did research for the program but we never finished it or put it forward as a complete product. I am using some of the feedback we received from the version of the... Read more »
answered on Jul 8, 2019
Ideas themselves are not patentable - they have to be put into use. If you alone write a program based on ideas developed by a group, then unless there was a contract or other agreement among the group or with the college, you own the copyright on the program, and are entitled to profit from the... Read more »
I sold a guy a motorcycle with just a bill of sale, title came in the mail days after the sale was made. He's threatening to take me to court because he has received the title I mailed him because he started to get hostile with me.
answered on May 21, 2019
Unless you surrender the title the prospective owner will probably sue you.
I bought a car through a dealership, A, and I make my official car payments to loan group B. I did not have enough money at the time for a down payment, but worked out a monthly plan with A while still making payments to B. So thats $420 to A, monthly and another $226 to B, monthly. I had about 3... Read more »
answered on Apr 9, 2019
If the car dealership has a valid lien on the vehicle for the amount you owe, then it could repossess the vehicle. Try to work it out with the dealer.
answered on Jan 27, 2019
First, you and your friend should each consult your own attorney. Becoming a member of a limited liability company is economically similar to becoming a partner in a business. You will have rights and responsibilities with respect to your friend and should know what they are and whether you are... Read more »
Notwithstanding the foregoing provisions of Section 8.2, should the sole remaining Member be entitled to and elect to acquire all the Interests of the other Members of the Company in accordance with the provisions of Section 8.2, the acquiring Member may assign the right to acquire the Interests to... Read more »
answered on Aug 3, 2018
And what is your question? If you want to know what it says...its important to have Section 8.2 as well.
We are not running it like a true business, we have no employees, just collecting rents. It appears there are different rules for a community property vs. non-community property state (Ohio). We are just wanting something simple not having to create a partnership or joint venture, is this possible?... Read more »
answered on Apr 5, 2018
An Ohio LLC can be created on-line with the Ohio Secretary of State. But you should retain a local attorney in OH to discuss setting up and operating the LLC properly and property ownership. You also should consult your tax advisor regarding the different options that can be elected for federal... Read more »
Looking for any detailed information on the necessary legal documents and steps to opening an e liquid company?
answered on Jan 3, 2018
Get a lawyer to help you with this. Opening the company is fairly straightforward, but there are lots of regulations concerning the packing and sale of these products and you need to be familiar with them.
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