Alter Ego Doctrine and Piercing the Corporate Veil
January 11, 2019Studies show that up to 85% of independently owned business owners are not aware of the compliance requirements mandated by the state in which they do business. If you are in this vast majority and someone obtains a judgment against your business, there is some risk that your personal assets—your home, your cars,…
DetailsWhat are the Elements of a Binding Contract in Arizona?
January 9, 2019While contracts need not be in writing to be binding, there are three elements that must be a part of any agreement—written or oral—to be considered binding and enforceable in Arizona. Offer One party creates an offer by proposing—either in writing, verbally, or sometimes mere actions—an exchange of somethi…
DetailsWhat are My Legal Duties to a Partner in a Business Partnership?
January 7, 2019In business, choosing the right partner can be essential for the success of your endeavor. However, when there is more than one person running a business and making important decisions, it is imperative that certain issues be addressed, preferably in a partnership agreement that can help you avoid costly litigation…
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