Category: Business
Witnesses in a Legal Document
What's the purpose of having a witness and how can they help to solidify your legal document? Find out in this post covering three common questions about witnesses in legal contracts.
What is an LLC?
Many entrepreneurs choose a Limited Liability Company (LLC) for their business structure due to its flexibility. In this post, we define what an LLC is and how it works.
What Does Indemnity Mean?
If you’ve signed a contract, chances are you’ve seen an indemnity clause. But what does indemnity actually mean? In this post, we explain the definition of indemnification and give examples of its use in contracts.
The Elements of a Valid Contract
A valid contract requires several elements to be formed. In this post, we prepare you to sign your next contract by unpacking what a contract is and how it is formed.
What Does “Incorporated” Mean in Business?
Incorporating a business means that the business owners (shareholders) can enjoy different benefits, including a reduction in personal liability. Find out more about Incorporation in this post.
What Does “Effective Date” Mean in a Contract?
A contract can come into effect on a different day than the day it was signed. Learn more about effective dates in contracts and how they could impact you in this post.