answersLogoWhite

0

Draw up a contract and hold a meeting for the two of you to go throught it and sign. Technically, it's his business. If you feel you have truly been cheated, consult a lawyer.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

What is join venture?

A joint venture is a business you enter into with another person. Joint ventures are also called partnerships. To protect your personal property, consider incorporating your partnership.


What do you have to protect yourself from in a haboob?

You could stay indoors to protect yourself.


How can you protect yourself from marijuana?

how can you protect yourself as therapist from inappropriate behaviourhide


What to do to protect yourself?

you protect yourself by saying you have something bad--for kidnap


How do you you protect yourself from a crocodile?

uhmm to protect yourself from a crocodile is to... GET AWAY FROM IT?!


Can you loan money to your LLC?

Yes, as the owner of an LLC, you can loan money to your business entity. However, it is important to document the loan with a formal agreement to protect both yourself and the business.


How can you protect yourself from UV light on earth?

You can protect yourself. You have to wear sunscreen.


How do you protect yourself from monsters in backyard monsters?

To protect yourself from monsters your not supposed to attack them


Business Setup - Sole Proprietorship, Partnership or Corporation?

When starting a small business, one of the very first things you need to decide is the type of business setup you want to have. The 3 basic types of business setups are a sole proprietorship, a partnership and a corporation. Only one of these setups will protect your personal assets from possibly being forfeited to satisfy the liabilities that may be incurred by the business. A corporation is a separate legal entity and has all the power to hire employees, handle finances and conduct day-to-day business operations that an individual operating as a sole proprietor. The main difference between a corporation and a sole proprietor or general partnership is with liability. An individual or partners in a business can be sued or held personally responsible for the actions of a business while a corporation protects the shareholders from any personal liability.


How is partnership formed?

A partnership is formed when two or more individuals or entities agree to collaborate and share the profits and losses of a business venture. This agreement can be established through a formal written contract or an oral understanding, outlining each partner's contributions, responsibilities, and profit-sharing arrangements. Legal requirements may vary by jurisdiction, so it’s often advisable to register the partnership and create a partnership agreement to clarify terms and protect the interests of all parties involved.


How you protect yourself from porcupines?

how to protect yourself is don't leave food out and don't have that many trees.


What is Partnership its characteristics and types?

Partnership is a business structure where two or more individuals share ownership, responsibilities, and profits. Key characteristics include shared decision-making, mutual liability, and a partnership agreement outlining terms and conditions. There are several types of partnerships, including general partnerships, where all partners share liabilities and profits equally; limited partnerships, which have both general and limited partners; and limited liability partnerships (LLPs), which protect individual partners from personal liability for certain business debts.