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Incorporating is a major step for any business. It comes with many benefits, and chief among those benefits is new powers that your company otherwise may not have. With these new powers comes great additional benefits. If you have recently incorporated, it is important to understand what your corporation is capable of doing. One such […]

Hiring an agent has exponential benefits, including efficiency and expertise. However, with hiring an agent comes added liability. Courts often treat agents as an extension of the principal company that hired them and therefore impose liability on the principal as though it were the party acting itself. In these scenarios, however, third parties may be

What are agents? Hiring agents has huge benefits for your company. An agent, in essence, is either an employee or outside party that a company hires to carry out tasks or act on its behalf. It promotes efficiency and allows others with expertise to impart that expertise on behalf of your company. However, with agents

Hiring an agent to act on behalf of your company has many benefits. It promotes efficiency, and allows others who may have an expertise in certain fields to use that expertise to the company’s advantage. However, when hiring agents, your company may be exposed to more liability. This is because courts often equate an agent

One of the greatest tools a company can utilize is hiring agents. Agents often specialize in carrying out certain tasks that may be foreign to the company. Agents allow the company that hires them to have more free time to concentrate on tasks within their knowledge, and allows them to concentrate on what they believe

One of the many tools a company can use is hiring agents to act on its behalf. Because agents have a certain level of expertise, they may be able to carry out certain tasks more efficiently and with higher quality. It allows companies to be run more smoothly, and allows a company to concentrate its

Settlements are agreements made before a lawsuit is decided in court. Settlements involve the plaintiff giving up their right to pursue legal action in exchange for some sort of compensation from the defendant—usually less than what the plaintiff was asking for when he or she filed the lawsuit. A settlement is a legal compromise that

A partnership is a very unique business form. That is because a partnership can exist even if there has been no formal acknowledgement that you are engaged in a business. A partnership, however, does have its pitfalls. Despite its lax requirements for existing, partnerships are also one of the few forms of business that do

When running a partnership, there are many decisions to be made. More importantly, these decisions should be reduced to writing in a comprehensive partnership agreement. Whatever the partnership agreement lacks will be filled in by the default statute, which in Florida would be the Florida Revised Uniform Partnership Act. In many instances, the statute contradicts

One of the most common tools a company uses in its smooth operation is the hiring of agents. Agents are great in that they can carry on tasks for the company, freeing up time for the company’s officers and directors to concentrate on the more important tasks. Although agents are known for their efficiency, there