The United States Courts system involves two types of juries that serve different purposes: Trial juries and grand juries. Trial juries and grand juries are both made up of regular citizens who have been called for jury duty. However, what they are asked to do is quite different. Keep reading to learn more. What’s the main difference? A grand jury is involved early in a case. It is up to them to determine Read More
4 Common Violations of the Foreign Corrupt Practices Act
The Foreign Corrupt Practices Act (FCPA) was created in 1977 to prevent US businesses and individuals from bribing foreign countries to do business with them. All US publicly traded companies must adhere to the FCPA - even if the company is located in a foreign country. In addition to applying to employees and directors, the FCPA also applies to stockholders, officers, and other agents for the company. Even Read More
A Brief Guide to the Various Forms of Fraud
Tens of millions of US citizens become victims of fraud each year, and the majority don’t even realize it’s happened to them. While you might think of fraud as someone assuming your identity and hacking into your bank account, there are many different forms of fraud that people should be aware of to stay vigilant against an attack. Alternatively, there are acts you can commit that may also be considered Read More
4 Common Causes of Shareholder Disputes
Before beginning your business, you want to get everything in place so you can avoid future conflict and arguments. Ideally, you and your colleagues try your best to address all potential issues you may face in the future, and you mindfully create solutions and courses of action for what you think you might face. That being said, problems will still inevitably arise. There will be disagreements and disputes. Here Read More
An Introduction to the Racketeer Influenced and Corrupt Organizations Act
Although it has been around since 1970, you might not be aware of the Racketeer Influenced and Corrupt Organizations Act (RICO). This act was originally created to help combat organized crime and organized crime-related activities. Many businesses do not have to worry about whether or not they are violating the RICO Act. However, it’s always good to understand the law, and this is a law that has been applied more Read More
Understanding Conspiracy Charges
We all know that conspiracy is a serious crime, but at the same time, the charge can seem a bit abstract. What exactly is conspiracy? Do you go to prison if you’re convicted? Keep reading to learn the answers to these questions and more. What Is a Conspiracy Charge? Conspiracy charges can be quite broad. Unlike other charges, you don’t actually have to break the law to be charged with conspiracy. All that Read More
Are Verbal Contracts Enforceable?
When you and another person verbally agree to do something, you may have created a verbal contract. Whether or not the contract was created depends upon the subject matter and several other factors. Our blog explains verbal contracts and whether or not they are enforceable. What Is a Verbal Contract? A verbal contract is when you and another party make an agreement while speaking. Essentially, it’s like giving Read More
4 Issues to Address in a Partnership Agreement
Deciding to go into business with another person is exciting. In some ways, this decision is similar to the decision to get married. However, before you and your new business partner start working, you need to create a partnership agreement. Think of this as a sort of prenuptial agreement - a legal document to explain exactly what each person is bringing to the partnership and what each person expects from the other. Read More
5 Things You Can Do to Maximize the Value of Your Business Before You Sell
The decision to sell your business is not an easy one. However, once you have decided that that’s what you want to do, there are several steps that you should take before you officially put your business on the market. By spending a little bit of time tidying up and boosting your business, you could significantly increase its value. Here are five things you can do to maximize the value of your business before you Read More
What Your Telemarketing Business Needs to Know About the Federal Do Not Call List
If you are in the telemarketing industry, you are already aware of the many laws and regulations that you need to follow. One of the most important is how to comply with the requirements of the Federal Do Not Call List. You need to understand its rules and the penalties for violation. Here is a quick summation of what your telemarketing business needs to know. Who Needs to Follow the Do-Not- Call Rules? In Read More