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variations of the concept of contract, some means of making reasonably certain that the rules of making enforceable promises are clear, that the content of agreements is mutually understood, and that the power of government stands by to enforce the promises at least by seeing that the one who breaks the promise pays the other adequate compensation.

AGREEMENT TO SELL. The Sellers shall sell to the Buyer, and the Buyer shall buy from the Sellers, all of that certain stock of goods, wares and merchandise belonging to the Sellers, and now located in the storeroom at[location], together with all furniture and fixtures therein, belonging to the Sellers.

"Offering Shareholder" means any Shareholder, or his personal representatives, heirs, administrators, and executors, as the case may be, who pursuant to this Agreement must or does offer all or any of his Shares to the Company or the Continuing Shareholders.

Designating a company official or employee to serve as a " coordinator" is one step firms can take in meeting their product safetyand defect reporting responsibilities. Ideally, this recall coordinator would have full authority to coordinate all recalls, and have thesanction and support of the firm's chief executive officer.

The CWA employs four technology-based water pollution control standards. "Best practicable control technology currently available" (BPT) sets uniform, industry-wide effluent standards that approximate the average amount of control achieved from existing technology in the specific industry.

Insider trading can occur when a person who possesses material non-public information trades securities or communicates such information to others who trade.

Unless a small business is very careful (some might even say lucky), it can expect to face a major lawsuit some time during its first five years of business. And the more successful the business, the greater the likelihood of being sued.

To best understand LLCs, one should understand what corporations and partnerships were intended to accomplish for their owners, albeit imperfectly. In other words, an understanding of LLCs comes from an understanding of the failings of corporations and partnerships and therefore how LLCs fill the gap.

LLPs are created by filing a registration statement in the manner specified by state statute. When electing the benefits of LLP status, it is not necessary to create a new partnership or to enter into a new partnership agreement.

There are many methods for valuing business, due to (1) the unique nature of each business, and (2) the purpose of the valuation. Here is a rundown of the most common approaches to value.

Breach of contract leaves the nonperforming or improperly performing party open to a claim for damages by the other party. The non- breaching party is relieved of his obligations under the contract by the other party's breach.

This discussion of capital formation and the federal securities laws is designed to help you understand some of the fundamental requirements that must be addressed when you wish to raise capital through the sale of securities. It is not intended as legal advice. Therefore, you should consult an attorney before initiating any activities relating to the sale of securities.

Sample Letter to Corporate Officer re Dual Representation - from the 'Lectric Law Library .If you are searching for the right sample to write a letter of ligation of dual representation, the link below will lead you to just what you have been searching for. Properly written and made ready to use by professionals and practitioners in the field, all you need to do is to fill the right names at the appropriate spaces.

What legal entity will you use for your business? If you have not yet chosen the right structure for your business, you should ask yourself how you intend to organize your business before taking off. This post will help you Select a good Legal Structure for Your Business - from the 'Lectric Law Library's stacks

A person selling a business outright has a variety of ways to locate the right buyer. Many businesses are put up for sale through classified adsin newspapers, business journals or trade publications. Local business associations, such as your chamber of commerce, business development committee or economic development center, can also help get the word outto qualified buyers. Here are a few of the other avenues you can explore.

Under IRS laws and regulations, employers must set up and maintain a system of business records that support wage and employment tax reports.

Owning a bank is more lucrative than robbing one and demonstrates the benefits of offshore financial operations - from the 'Lectric Law Library's stacks.

Statement of Client's Rights and Responsibilities Your attorney is providing you with this document to inform you of what you, as a client, are entitled to by law or by custom. To help prevent any misunderstanding between you and your attorney, please read this document carefully.