Important Elements Every Business Partnership Agreement Should Address (Part II)

Partnerships can be very beneficial for business as there is a team behind the creation, development and management of the organization. Partnership relationships should be valued and cared for however, and one of the best methods of ensuring its integrity is by creating a business partnership agreement. While business partnership agreement could be drafted by anyone, an experienced business attorney could help to ensure that your business partnership agreement is not generic, but rather customized to fit your specific business needs. The following are some of the most essential elements that should be included in a strong business partnership agreement. Business Developments ...

11 June

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Important Elements Every Business Partnership Agreement Should Address (Part I)

Posted by Matthew Knez

in Business Law

When a business is set up by a means of a partnership, it can thrive on the basis of several benefits. A business partnership has the advantage of having diverse skills, knowledge, and resources. A business partnership is similar to that of a sole proprietorship, whereas each partner will own a segment of the business’ assets and liabilities. Partnerships can present several difficulties, however. It is important to address important elements regarding starting and running the business. Having several people making decisions for the business could complicate things, therefore, entering into a partnership agreement is highly recommended. A good partnership agreement...

07 May

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Auto Insurance Coverage Issues in the State of California: An Overview

Posted by Matthew Knez

in Personal Injury

Although thousands of Californians buy insurance for their vehicles each year, understanding the various forms of auto insurance coverage can be stressful and overwhelming, and once an individual needs to use their insurance, most individuals are unaware of the availability and affordability of some of the insurance protections available to them. Aside from the legal language used to define the coverage options, it’s also challenging to understand the sort of coverage that would best benefit a motorist’s individual situation. Common Forms of Coverage: The following lists some of the most common forms of auto insurance coverage options in the State of California. ...

01 May

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Motorcycle Accident Cases: Settlement Factors

Posted by Matthew Knez

in Personal Injury

If you have been involved in a motorcycle accident and are considering or already have filed an insurance claim or personal injury lawsuit, you will want to first learn whether you have a claim and what the claim is worth. While there are many elements in motorcycle accidents that can be utilized to predict the outcome of your claim, this article will discuss several factors you should consider. Overcoming the Bias and Prejudice Associated with Motorcyclists Preconceived judgments and/or personal biases should never be factors in deciding the compensation a motorcyclist should receive. While this is ideal, it is understandable that this...

Recent News & Articles

Important Elements Every Business Partnership Agreement Should Address (Part II)

Important Elements Every Business Partnership Agreement Should Address (Part I)

Auto Insurance Coverage Issues in the State of California: An Overview

Motorcycle Accident Cases: Settlement Factors