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.
You can register it as a trademark in each country in which you intend to do business.
As we can see.. First I need to remind the meaning of two words here, Business, and Law according to my knowledge. Business = Is a profit creating activity that involve many complex aspects inside and can be created in any kind of activities as long as the activities are obeying the law inside the country of the business created and or the international law of business Law = the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties. And the definition of law is taken from google. If we are trying to make business without knowing the regulation of the business we created, how could we suppose to handle things if sort of problems of legals come out? Like if you want to create a business, the regulations that becomes barrier at first, if you know all the barriers and you can solve the barriers in right way, understanding what the regulations are, then it wil be no problem to have your business. Also law is a legal force to ensure the business runs smoothly domestically and internationally.. There are many rules of international trade.. if your business is running in this part, then it will be a fatal blow if you dont understand about the law, because International Trade is a fragile business. People can play with it, and if you are on the right way when people play with your company, you can sue him/them. That;s some advantages of knowing the business law. Because Business law is created to protect your company from being violated by irresponsible people.
Robert W. Emerson has written: 'Business law' -- subject(s): Business law 'Business law the easy way' -- subject(s): Business law, Commercial law
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.
yes its against the law to not have a business license.
Insurance is purchased to protect a business from unexpected loss.
The law itself which was designed to protect consumers from collusion and unfair business practices by corporations.