its keeps them from getting sued
Short phrases like business names cannot be protected. They can be protected through trademark law, however.
Trademark law protects business names, logos, and slogans--"marks"--used in trade. The intent is to protect consumers from fraud in the marketplace.
Both should be protected, Cause there Are people who try to sue business just for money and there are business that steal from people, so both need to be protected by the law. Hope this helps.
The study of law is very important for our business. Ignorance of Law is no excuse in the practical life. When we study about the law relating to our daily transaction we can perform well and demand that other also perform well. In the history of the world every body wants to less and demand more from the others. The study of law helps us to improve our selves and do our best. With law we can protect our business from errors and frauds, misrepresentation. Abdul Rehman Baig Advocate HC.
Rather than protect the company a LLC protects the individuals who own the company. BY essentially allowing the law to treat the LLC as a individual itself it protects the owners from individual legal action to some degree. In a Limited Liability Company (LLC), the owners are only as financially liable for the actions of the company as the amount of money they have invested in it. In this way, the LLC designation does not protect the business in law suits, but rather the non-business-related assets of the owners.
Insurance is purchased to protect a business from unexpected loss.
You can register it as a trademark in each country in which you intend to do business.
To help protect business owners against law suits, and to make sure the business is in compliance with federal, state, and local laws, policies, and regulations.Answer:A business attorney can help you prepare the legal documents needed to start a business and can advise you as to how to avoid problems in the future of your business.
Robert W. Emerson has written: 'Business law' -- subject(s): Business law 'Business law the easy way' -- subject(s): Business law, Commercial law
yes its against the law to not have a business license.
To protect the ability of business to continue trade with China
The law itself which was designed to protect consumers from collusion and unfair business practices by corporations.