Alex Denne

Growth @ Genie AI | Introduction to Contracts @ UCL Faculty of Laws | Serial Founder

Terms of Business

9 Jun 2023

35 min

Legal

Note: Links to our free templates are at the bottom of this long guide.
Also note: This is not legal advice

Introduction

Terms are an essential part of business agreements; they provide the foundations for the agreement and set out expectations, duties, obligations and payment structures. It is therefore crucial that you understand the implications of any agreement you enter into before committing to it. At Genie AI, we believe that all parties should have access to high-quality legal documents without having to pay a lawyer. This is why we created ‘the world’s largest open source legal template library’, so anyone can draft and customize contracts with confidence.

The terms of a business agreement outline the scope of a relationship as well as the rights and obligations of both parties. They also define how disputes should be resolved, should they arise in the future. Crucially, good terms ensure that an agreement is legally binding and enforceable, protecting your interests in case things don’t go as intended. For example, in certain instances terms can include consequences for failing to perform duties - such as termination or financial penalties - thus ensuring each party adheres to their responsibilities within a business arrangement.

It’s no secret that many organisations rely on unauthorised companies when it comes to providing insurance products; this lack of regulation has been a longstanding issue within Saudi Arabia but times are changing! To bolster public confidence in its insurance industry and create a fully functioning system, Saudi Arabia has introduced legislation which will crack down on unauthorised firms – including National Commercial Insurance Co (NCCI) which was developed as the industry’s flagship firm with publicly listed audited accounts following 7 million shares being sold last month at 205 riyals apiece.

Legislation aside though, understanding why terms matter in business is key for avoiding any complications further down the line – something which could be said for any legal wranglings occurring beyond US borders too! Take Yukos Oil Company for instance; accused by Russian authorities over fraud allegations against former boss Mikhail Khodorkovsky who was jailed on charges including tax evasion - analysts remain skeptical about Yahkos’ chances in court given limited assets within US jurisdiction plus Vladimir Putin’s clampdown on Khodorkovsky’s political ambitions adding fuel to fire!

At Genie AI we want people everywhere to benefit from free access to quality contracts regardless of their location or resources; which is why our experts have created step-by-step guidance along with information on how you can access our template library today - read on below!

Definitions

Contracts: A legally binding agreement between two or more parties that outlines the terms and conditions of a relationship.
Liabilities: A financial obligation that a business must fulfill.
Indemnities: A promise to reimburse another party for any losses they suffer.
Warranties: A promise to repair or replace a product if it is defective.
LLC: Limited Liability Company. A type of business structure that provides limited liability protection to its owners.
Corporations: A type of business structure that is formed by one or more people and is legally considered a separate entity from its owners.
Cooperatives: A type of business structure that is owned and operated by its members.
Trademark: A brand or logo that is used to distinguish a business from its competitors.
Copyright: A form of protection that gives the author of an original work exclusive rights to their work.
Patents: A form of protection that grants exclusive rights to an inventor to make, use, and sell their invention.
Insurance: A form of protection that helps to protect a business from financial losses due to accidents, lawsuits, and other risks.
Taxes: Money that is paid to the government in order to fund public services.

Introduction to Terms of Business
Definition of Common Business Terms
Overview of Business Structures
Types of Businesses and Their Legal and Financial Obligations
Identifying the Different Types of Businesses
Understanding the Legal Requirements of Each Business Type
Understanding the Financial Obligations of Each Business Type
Understanding Business Formation and Registration
Obtaining the Necessary Licenses and Permits
Completing the Business Formation Process
Registering the Business with the Relevant Authorities
Overview of Commonly Used Terms of Business
Understanding Key Terms and Concepts
Identifying the Different Types of Agreements
Common Legal Documents Used in Businesses
Understanding the Purpose of Legal Documents
Reviewing Commonly Used Legal Documents
Drafting and Editing Legal Documents
Understanding Business Taxes and Tax Obligations
Identifying the Different Types of Taxes
Calculating the Tax Obligations of a Business
Understanding the Tax Reporting Process
Understanding Intellectual Property Rights
Identifying Types of Intellectual Property
Understanding Copyright Protection
Understanding Trademark Protection
Understanding Business Insurance
Identifying Types of Insurance Coverage
Understanding the Role of Insurance in Business
Assessing the Need for Insurance Coverage
Understanding Liabilities, Indemnities and Warranties
Identifying Types of Liabilities
Understanding Indemnities and Warranties
Assessing the Need for Liability Protection
Understanding Employment and Contractual Agreements
Identifying Types of Employment Agreements
Understanding the Role of Contracts in Business
Drafting and Editing Employment and Contractual Agreements
Understanding Business Financing and Loans
Identifying Types of Financing Options
Understanding the Role of Financing in Business
Assessing the Need for Financing and Loans
Conclusion

Get started

Introduction to Terms of Business

Understand the purpose of a Terms of Business document
Read through your Terms of Business and make sure you understand the clauses and terms
Ask questions and get clarification on any terms and clauses you don’t understand
Once you understand the general purpose and have clarified any needed terms, you can check this off your list and move on to the next step.

Definition of Common Business Terms

Understand the meaning of common business terms such as ‘limited liability’, ‘partnership’, ‘sole trader’ and ‘corporation’
Research the various definitions of such terms online
Make a list of the definitions and keep them handy
When you have a solid understanding of the definitions, you can check this step off your list and move on to the next step.

Overview of Business Structures

Understand the difference between a corporation, partnership, limited liability company (LLC), and sole proprietorship
Learn the advantages and disadvantages of each type of business structure
Compare the different tax implications of the aforementioned business structures
Research the various state and federal regulations that apply to different business structures
Understand the different liabilities associated with each business structure
When you have a good understanding of each type of business structure and the associated laws, regulations, and liabilities, you can move on to the next step.

Types of Businesses and Their Legal and Financial Obligations

Understand the different types of businesses and the legal and financial obligations that come with each type
Learn the differences between sole proprietorships, partnerships, C corporations, S corporations, and limited liability companies (LLCs)
Learn the tax implications of each type of business entity
Understand the legal implications of each type of business entity
Identify which type of business entity is most suitable for your business

Once you have a thorough understanding of the different types of businesses and their legal and financial obligations, you can check this off your list and move on to the next step.

Identifying the Different Types of Businesses

Identify the different types of businesses such as sole proprietorships, partnerships, limited liability companies, and corporations
Understand the differences between the types of businesses, such as who is responsible and the level of liability each type carries
Research the legal and financial obligations associated with each business type
When you can identify the different types of businesses, understand the differences between them, and research the legal and financial obligations associated with each, you can check this off your list and move on to the next step.

Understanding the Legal Requirements of Each Business Type

Research the legal requirements for each type of business, such as LLC, S-Corp and Sole Proprietorship
Make sure to check the state-specific regulations in order to understand the legal requirements for each business type
Get help from a professional if needed, such as an accountant or lawyer
Document any decisions made and keep track of any legal paperwork
Once you have a thorough understanding of the legal requirements for each type of business, you can move on to the next step.

Understanding the Financial Obligations of Each Business Type

Research the tax and fee obligations that come with the specific business type you’re interested in
Identify the types of taxes you’ll be responsible for, such as income, payroll, sales, excise and property taxes
Determine if you’ll be required to pay quarterly estimated taxes
Explore any potential tax deductions or credits that may be available to you
Learn about any licensing or registration fees that may be required
Review any available business grants or loan programs

You’ll know that you can check this off your list and move to the next step once you have a good understanding of the financial obligations that come with the business type you’re interested in, including taxes, fees and available grants or loan programs.

Understanding Business Formation and Registration

Research the different types of business entities and decide which one is right for you
Decide on a business name and do a name search
File the appropriate paperwork with the state to form your business entity
Obtain an employer identification number (EIN) from the IRS
Check with state and local government agencies to see if you need to register your business
Once all the necessary paperwork is filed and your business is registered, you will receive a certificate of formation
You’ll know that this step is complete once you have received a certificate of formation from the state.

Obtaining the Necessary Licenses and Permits

Research the types of licenses and permits that your business needs to operate legally in your state
Determine any additional requirements or special considerations to obtain the necessary licenses and permits
Submit the required applications and paperwork to the appropriate local and state agencies
Pay any associated fees
Receive your licenses and permits and keep them on file

Once you have completed the above steps, you can check this off your list and move on to the next step: Completing the Business Formation Process.

Completing the Business Formation Process

Draft the Articles of Incorporation or other formation document, depending on the type of business you’ve chosen.
File the Articles of Incorporation with the state.
Get an employer identification number (EIN) from the IRS.
Draft and adopt the bylaws of your business.
Issue stock certificates to shareholders, if applicable.
Hold the first meeting of the board of directors and shareholders, if applicable.

You will know that you’ve completed this step when you’ve filed the Articles of Incorporation with the state, received an EIN from the IRS, and held the first board of directors and shareholders meeting.

Registering the Business with the Relevant Authorities

Research which local, state, and federal agencies to register your business with
Contact each agency to determine required registration documents, fees, and tax obligations
File the proper paperwork with each agency to complete the registration process
Maintain records of all registration materials, including dates of filing and contact information
Receive confirmation of registration from each agency
Once all steps are completed, your business is officially registered with the relevant authorities and you can move on to the next step of the guide.

Overview of Commonly Used Terms of Business

Have a clear understanding of the legal terms and concepts used in business dealings
Know the difference between a contract and an agreement
Understand how to use legalese in contracts
Determine which type of contract is appropriate for different types of business transactions
Research the different types of contracts and how they are to be used
Understand basic concepts such as indemnification, warranties, and liabilities
Understand the difference between an offer and a counter-offer
Know the difference between an independent contractor and an employee
Understand any obligations you have to employees
Know when you need to seek legal advice

You can check this step off your list when you have a good understanding of the legal terms and concepts used in business dealings and have researched the different types of contracts and how they are to be used.

Understanding Key Terms and Concepts

Read through common terms and concepts related to business agreements
Understand the purpose of each term and its potential implications
Ask questions to colleagues or professionals if any terms are unclear
Make notes of any questions or terms that require further research
When you feel comfortable with the terms and concepts, you can move on to the next step.

Identifying the Different Types of Agreements

Research the types of agreements generally used in business, such as contracts, terms of service, memoranda of understanding, and non-disclosure agreements
Read up on the different types of agreements and understand the differences between them
Make a list of the types of agreements you would use in your business
Familiarize yourself with the legal terms and requirements of each type of agreement
When you feel comfortable with the different types of agreements and the legal requirements associated with them, you can move on to the next step.

Common Legal Documents Used in Businesses

Research the different types of legal documents used in businesses, such as contracts, terms of service, service agreements, and licensing agreements
Identify which documents are applicable to your business and the services it provides
Review the requirements of each document and the obligations of both parties
Consult with an attorney to review the documents and ensure they are valid and compliant with applicable laws
Once all documents are complete and signed, store them in a safe place for future reference
You can check this step off your list when all of the documents have been completed, reviewed and signed.

Understanding the Purpose of Legal Documents

Understand why legal documents are necessary for businesses
Research the different types of legal documents used in business
Become familiar with the purpose of the documents, including what the document will do and how it will be used
Ask questions if you don’t understand any of the terms in the legal documents
When you feel comfortable that you understand the purpose of the legal documents, you can check this off your list and move on to the next step.

Reviewing Commonly Used Legal Documents

Review commonly used legal documents, such as terms and conditions, non-disclosure agreements, etc.
Read through the document to understand the purpose and intent of the document, and any legal or technical language that may be included
Make sure to pay attention to any clauses and specific details that are included in the contract
Ask questions and clarify any areas of confusion or uncertainty
Once you feel confident that you understand the document, you can check it off your list and move on to the next step.

Drafting and Editing Legal Documents

Understand the different types of legal documents and their purpose
Research the laws and regulations that apply to the document you are drafting
Identify the information to be included in the document
Draft a legally binding document that complies with relevant laws, regulations and policies
Review the document to ensure that it meets the requirements and is accurate
Edit the document to ensure accuracy and clarity

You will know that you have completed this step when you have drafts and edited documents that comply with relevant laws, regulations and policies.

Understanding Business Taxes and Tax Obligations

Research and understand the federal, state, and local tax obligations for your business
Learn about the different tax forms associated with your business
Understand the deadlines for submitting your taxes
Ensure you have the necessary resources in place to complete your taxes accurately and on time
Determine any tax deductions and credits that you may be eligible for

You can check off this step when you have a solid understanding of the federal, state, and local taxes associated with your business and the resources available to complete your taxes.

Identifying the Different Types of Taxes

Understand the different types of taxes that your business may be subject to, such as federal income taxes, state income taxes, sales taxes, payroll taxes, and property taxes.
Gather information on the specific types of taxes that apply to your business, and what the requirements are for filing each type of tax.
Learn about the applicable tax rates and if any tax credits or deductions are available to your business.
Research the deadlines for filing taxes and any applicable penalties for late filing or payment.
Once you have identified the types of taxes and the requirements and deadlines for filing, you can check this step off your list and move on to calculating your tax obligations.

Calculating the Tax Obligations of a Business

Decide which tax jurisdiction your business falls under
Gather all required documents related to your business’s tax obligations
Research the specific tax laws pertaining to your business’s jurisdiction
Create a checklist of all taxes you are responsible for paying
Calculate the estimated taxes based on your revenue, profits and other factors
Record your calculations for future reference
When you have assessed your taxes, you can move on to understanding the tax reporting process.

Understanding the Tax Reporting Process

Become familiar with the tax reporting process, including filing deadlines and the forms you’ll need to complete.
Research any local, state, and federal taxes your business may be required to pay.
Make sure you understand how different types of income, such as self-employment income, are taxed.
Determine the best way to keep track of your business’s income and expenses so you can accurately report your taxes.
Understand the tax credits and deductions you may be able to claim.

When you can check this off your list and move on to the next step:

When you have a thorough understanding of the tax reporting process and the associated forms, deadlines, taxes, credits, deductions, and income types.

Understanding Intellectual Property Rights

Understand the different types of intellectual property, such as copyrights, trademarks, patents, and trade secrets
Learn what rights accompany each type of intellectual property and how they can be enforced
Research the laws in your jurisdiction that govern intellectual property rights
Become aware of the different licensing options available for intellectual property
Hire an attorney to review any licensing agreements you plan to enter into

You can check this step off your list when you feel confident that you understand the different types of intellectual property, the rights that accompany each type, the laws governing them, and the different licensing options available.

Identifying Types of Intellectual Property

Understand the different types of Intellectual Property, including patents, trademarks, copyrights, and trade secrets
Research what types of IP are applicable to your business
Make sure to include any relevant IP in the Terms of Business document
Once you understand the different types of Intellectual Property that apply to your business, you can move on to the next step of understanding copyright protection.

Understanding Copyright Protection

Learn about the different types of copyright protection and what each type covers
Understand how to register copyrights with the U.S. Copyright Office
Research copyright laws in your state
Check with the U.S. Copyright Office to see if any of your work is already copyright protected
Understand how long copyright protection lasts
Research whether or not your work falls under the doctrine of “fair use”

Once you’ve completed the above steps, you’ll have a good understanding of copyright protection and how it applies to your work. You will be able to move on to the next step, Understanding Trademark Protection.

Understanding Trademark Protection

Understand the differences between trademarks, copyrights and patents
Learn what types of trademarks are protectable and which are not
Research the trademark database to determine if your proposed mark is available
Apply for a trademark registration if your mark is eligible
Monitor your registered trademarks and take appropriate legal action if someone infringes on your trademark

Once you understand the differences between trademarks, copyrights and patents and have researched the trademark database to determine if your proposed mark is available and applied for the trademark registration if eligible, you’ll be ready to move on to the next step.

Understanding Business Insurance

Get familiar with the different types of business insurance and the coverage they provide, such as property insurance, business interruption insurance, product liability, and professional liability insurance
Understand who is covered under a business insurance policy, such as employees, customers, and suppliers
Research common exclusions in business insurance policies, such as floods, earthquakes, and war
Learn the types of costs associated with business insurance, such as premiums, deductibles, and co-pays
Understand the differences between group and individual business insurance policies
Determine which type of business insurance is best for your company
When you have a clear understanding of the different types of business insurance and the coverage they provide, you can move on to the next step.

Identifying Types of Insurance Coverage

Identify the types of insurance coverage that may be applicable to a business
Know the different types of coverage, such as property, liability, and worker’s compensation
Understand the differences between the types of coverage, such as the types of assets covered, the scope of coverage, and the exclusions
Research different insurers to compare coverage and premiums
Determine the most cost-effective coverage for your business

You can check off this step when you have identified the types of insurance coverage that are applicable to your business and understand the differences between the types of coverage.

Understanding the Role of Insurance in Business

Understand the purpose of insurance in business, including how it can protect assets, provide financial security and help manage risk
Learn how different types of insurance are used to cover specific risks and how they are applicable to your business
Research and identify potential insurance providers and policies that meet the needs of your business
When you have an understanding of the role of insurance in business and how it can be used, you can move on to the next step of identifying types of insurance coverage.

Assessing the Need for Insurance Coverage

Evaluate the potential risks and losses your business could face
Identify areas where insurance coverage could help protect your business
Determine the type of insurance coverage you need to suit the needs of your business
Calculate the potential cost of insurance coverage for your business
Research the different types of insurers available to you
Compare the different types of coverage, benefits, and costs offered by different insurance providers
Consider any special requirements you may need from an insurer
Make a decision on the best insurance coverage for your business
You can check this step off your list when you have identified the type of coverage, benefits and costs that best meet the needs of your business.

Understanding Liabilities, Indemnities and Warranties

Research and understand the different types of liabilities, indemnities and warranties and their definitions
Acquire advice from experts where necessary
Understand the different liabilities and warranties you may need to include in a contract
Familiarize yourself with the legal obligations and rights for each party
Draft a clause that outlines the liabilities, indemnities and warranties for each party
Once you have drafted an appropriate clause that is legally binding, you can check this step off your list and move on to the next step.

Identifying Types of Liabilities

Identify and understand the different types of liabilities associated with the business, such as contractual, tort, statutory, product, and environmental liabilities
Research the types of liabilities associated with the business and the jurisdiction it operates in
Analyze any potential liabilities that may arise from any goods or services that the business may offer
Understand the implications of each type of liability and how it may affect the business
Ensure that legal advice is sought to protect the business’s interests
When you have identified the different types of liabilities associated with the business and understand the implications, you can check this off your list and move on to the next step.

Understanding Indemnities and Warranties

• Understand the difference between indemnities and warranties
• Become familiar with the types of indemnities and warranties available
• Research applicable laws and regulations governing indemnities and warranties
• Consider the potential risks and liabilities associated with indemnities and warranties
• Evaluate the potential benefits of including indemnities and warranties in your business contracts
• Take the necessary steps to ensure that indemnities and warranties are properly incorporated in your business contracts

When you have completed this step, you will have a good understanding of indemnities and warranties and how they can be applied in your business contracts. You will be ready to move on to the next step - assessing the need for liability protection.

Assessing the Need for Liability Protection

Research the types of risks your business may face
Identify any potential liabilities that could result in financial losses
Analyze whether existing insurance coverage is sufficient or whether additional coverage is needed
Consider the cost of liability protection and whether the benefit outweighs the cost
Compare the cost and benefits of different types of liability protection, such as professional liability insurance, product liability insurance, and general liability insurance
Review potential policies to make sure they cover the risks you identified
Once you’ve assessed the need for liability protection, you can move on to the next step of understanding employment and contractual agreements.

Understanding Employment and Contractual Agreements

Review existing contractual agreements to ensure they are up-to-date and compliant with relevant regulations
Understand the differences between employment and contractor agreements, such as employee rights and entitlements
Assess the need for any new contractual agreements or updates to existing agreements
Familiarize yourself with the latest regulations and laws relevant to your business and industry
Consider any special clauses that may be required to protect your business
When you are confident that you have reviewed and updated the existing contractual agreements, and understand the differences between employment and contractor agreements, as well as the relevant regulations, you can move on to the next step.

Identifying Types of Employment Agreements

Identify the types of employment agreements, including full-time, part-time, temporary, freelance, and contract-based
Look into the different types of employment documents and contracts, such as offer letters, employment agreements, and non-disclosure agreements
Research the legal requirements and regulations that need to be met when hiring new employees
Understand the differences between employee and contractor rights and responsibilities
When you have a better understanding of the types of employment agreements, you can check this off your list and move on to the next step.

Understanding the Role of Contracts in Business

Understand the purpose of contracts in business
Recognize the importance of contracts to protect the interests of both parties
Familiarize yourself with different types of contracts, such as employment, supplier, and service agreements
Learn about the various elements of a contract, including the parties involved, the terms of the agreement, the duties and responsibilities of each party, and the consequences of non-compliance
Research the legal implications of contracts in your country and the requirements for making a contract legally binding
When you can confidently explain the role of contracts in business and are familiar with the legal requirements, you can check this step off your list and move on to the next step.

Drafting and Editing Employment and Contractual Agreements

Identify and understand the nuances of the different types of agreements, such as an employment contract, an independent contractor agreement, and a non-disclosure agreement
Research any applicable laws and regulations that may affect the agreement
Draft or review the agreement in accordance with applicable laws and regulations
Negotiate the terms of the agreement
Revise and edit the agreement as needed
When all parties have agreed to the terms and signed the agreement, you can check this step off your list and move on to the next step.

Understanding Business Financing and Loans

Research types of financing available to businesses, such as grants, loans, lines of credit, venture capital, and crowdfunding
Research the different terms and conditions associated with each type of financing
Research the costs associated with each type of financing, including interest rates, origination fees, and other charges
Understand the eligibility requirements for each type of financing
Understand the risks and rewards associated with each type of financing
Understand the repayment terms associated with each type of financing
Once you have completed your research you will have a complete understanding of the different types of business financing and loans and can move on to the next step.

Identifying Types of Financing Options

Research types of financing options available to your business, such as debt financing, equity financing, venture capital, and grants
Make a list of the financing options you’re eligible for and the pros and cons of each
Contact a financial expert to discuss the best financing options for your business
When you have a clear understanding of the financing options available to your business and the pros and cons of each, you can move on to the next step of understanding the role of financing in business.

Understanding the Role of Financing in Business

Understand the purpose of financing in business, and how it helps businesses to achieve their goals
Look at the different types of financing available, and decide which ones are suitable for your business
Research the different terms and conditions associated with each type of financing to determine what works best for your business
Consider the long-term implications of financing and how it could affect your business in the future
When you’ve done your research and understand the role of financing in your business, you can move on to the next step of assessing the need for financing and loans.

Assessing the Need for Financing and Loans

Assess the current financial situation of your business and the need for financing
Consider the cost of financing, including interest rates, fees, and repayment terms
Research different types of loans and financing options to determine which is the best fit for your business
Calculate the potential long-term financial impact of taking out a loan
If necessary, adjust the budget and financial projections of the business to accommodate a loan

You’ll know that you can check this off your list and move on to the next step when you have identified the type of loan or financing that best fits your business, and have calculated the potential long-term financial impact of taking out the loan.

Conclusion

Read and understand the terms of business proposed by the financing and loan provider
Make sure to check out any additional fees or costs that may be associated with the loan
Make sure to review the repayment schedule and any other conditions of the loan
Ask questions and make sure you are comfortable with the terms of the loan
Sign the document to agree to the terms of the loan
Once you have signed the document, you have concluded the process of assessing the need for financing and loans.

FAQ

Example dispute

Suing a Company for Breach of Contract

Plaintiff must prove that a valid contract existed between them and the defendant
Plaintiff must show that the defendant breached the contract in some way, such as by failing to perform their obligations or by acting in a way that was not in line with the terms of the agreement
Plaintiff must show that they suffered damages as a result of the breach of contract
Plaintiff can seek monetary damages to compensate them for the losses suffered, or they can seek specific performance, which is the court ordering the defendant to perform their obligations as specified in the agreement
If the breach is found to be willful, the plaintiff can also seek punitive damages to punish the defendant for their actions
Plaintiff may also seek attorney’s fees and court costs to cover the costs of bringing the lawsuit

Templates available (free to use)

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Introduction

Definitions

Contents

Get started

Introduction to Terms of Business

Definition of Common Business Terms

Overview of Business Structures

Types of Businesses and Their Legal and Financial Obligations

Identifying the Different Types of Businesses

Understanding the Legal Requirements of Each Business Type

Understanding the Financial Obligations of Each Business Type

Understanding Business Formation and Registration

Obtaining the Necessary Licenses and Permits

Completing the Business Formation Process

Registering the Business with the Relevant Authorities

Overview of Commonly Used Terms of Business

Understanding Key Terms and Concepts

Identifying the Different Types of Agreements

Common Legal Documents Used in Businesses

Understanding the Purpose of Legal Documents

Reviewing Commonly Used Legal Documents

Drafting and Editing Legal Documents

Understanding Business Taxes and Tax Obligations

Identifying the Different Types of Taxes

Calculating the Tax Obligations of a Business

Understanding the Tax Reporting Process

Understanding Intellectual Property Rights

Identifying Types of Intellectual Property

Understanding Copyright Protection

Understanding Trademark Protection

Understanding Business Insurance

Identifying Types of Insurance Coverage

Understanding the Role of Insurance in Business

Assessing the Need for Insurance Coverage

Understanding Liabilities, Indemnities and Warranties

Identifying Types of Liabilities

Understanding Indemnities and Warranties

Assessing the Need for Liability Protection

Understanding Employment and Contractual Agreements

Identifying Types of Employment Agreements

Understanding the Role of Contracts in Business

Drafting and Editing Employment and Contractual Agreements

Understanding Business Financing and Loans

Identifying Types of Financing Options

Understanding the Role of Financing in Business

Assessing the Need for Financing and Loans

Conclusion

FAQ

Example dispute

Suing a Company for Breach of Contract

Templates available (free to use)

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