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Difference between sole proprietorship from partnership and company?
sole proprietorship is a type of business in which only one person controls the business and manages all other activiteis of business no legal restrictions on this type of business where as partnership and company has legal entity of their own
What are the legal rights of a cosigner on a mortgage?
legal rights of cosigner on mortgage
What are the basics of sole proprietorships?
Sole proprietorships are the simplest business forms but are not considered legal entities. The business is under a single person's name and that person alone is completely responsible for any debts that business needs to pay.
What happens there is one person on the loan and two people on the Deed?
Nothing happens unless that person on the loan does not pay or dies. A real estate attorney in your particular state should be contacted for legal advice. If one of the former occurrences happen, the one not on the mortgage may lose property rights. The lender for the property does not need to accept mortgage payment from the other party since the loan was not with them. Legal and mortgage rights are dependent upon the state. Consult with an attorney to ensure your continuity rights of ownership here.
What is legal responsibility in business?
Legal responsibility is business ethics. You can research the topic or check with the Small Business Administration.
What are legal waivers used for?
A legal waiver is when a person surrenders their legal rights. For example, to a person or business. That person will no longer have any legal rights to that person or business.
What is A business that has the legal rights of a person but is independent of its owners?
close corporations
What are the purpose of legal rights in Canada?
To ensure that people are not deprived of life, liberty, or security of person
Did TLC purchase Jon?
No. It is illegal for an individual, business, corporation, etc. to buy or sell a person. It is, however, legal for a business, corporation, etc. to purchase the biography and/or story rights to a person and/or their story if the person in question agrees to such sale.
If a person has been together with another person for over 35 years what rights do they have?
You may have legal rights if you live in state that recognizes common law marriage. If not, you have no legal rights over your partner, their property or their estate.
Thisdocument helped to protect the legal rights of people?
Miranda Rights
Is business cloning legal in the context of intellectual property and business regulations?
No, business cloning is not legal in the context of intellectual property and business regulations. It violates laws related to intellectual property rights and unfair competition.
Who were the only people who held legal rights in Greek city-state?
The kings had legal rights. hope it helps
What is the Blacks Law definition of a person and how does it impact legal rights and responsibilities?
Black's Law Dictionary defines a person as an individual with legal rights and responsibilities. This definition is important in determining who is entitled to certain rights and who is responsible for fulfilling legal obligations. It impacts legal rights and responsibilities by establishing the parameters within which individuals can act and be held accountable under the law.
This legal process grants a person the rights and privileges of a citizen?
Naturalization.
What was the term for a woman who is a legal non-person in the eyes of the law and does not have any rights to property or agency?
The term for a woman who is considered a legal non-person, lacking rights to property or agency, is "feme covert." This legal status historically applied to married women, meaning their legal identity was subsumed under that of their husbands, limiting their rights and autonomy. In contrast, an unmarried woman or widow was referred to as "feme sole," who had more legal rights and agency.
What are the differences between a legal person and a natural person, and how does the concept of legal personhood impact rights and responsibilities in society?
A legal person is an entity recognized by the law as having rights and responsibilities, such as corporations or governments. A natural person refers to an individual human being. Legal personhood allows entities to enter into contracts, own property, and be held accountable for their actions. This concept impacts society by extending rights and responsibilities beyond just individuals, influencing how businesses operate and how legal disputes are resolved.
