Author: Elf

  • What is a Commercial Lease Agreement?

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    A commercial lease is a property rental contract between a landlord and a business. Agreements contain such items as rent amount and increase over time, length of the lease, use clause, etc.

  • What are the basic rights of workers?

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    Some of the rights [https://www.eeoc.gov/employers/small-business/employee-rights] (EEOC): – Not be harassed or discriminated against. – Receive equal pay for equal work. – Receive reasonable accommodations. – Medical information confidentiality. – The right to refuse work that could affect health and safety.

  • Should I have an employment contract?

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    Employment is a trade-off between freedom and security. While you are giving up a bit of freedom as an employee, you would not get any security without a contract.

  • What is an IM when selling a business?

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    Information Memorandum describes the business and operations and limited finantial information and is provided to potential acquirers.

  • Do I need a contract to sell my business?

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    There probably is no party that would buy a business without a contract, so yes, you will need a contract to sell a business.

  • What is a distance learning contract?

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    In modern times, work from home as well as continuing education and distant learning are more and more common. Distance Learning Services Agreement is made between a School and a Student.

  • Can you tell a 1099 employee when to work?

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    Above question is a contradiction. 1099 form is filled by an independent contractor, and as such they have the freedom to organize their time the way they want.

  • Should I sign an independent contractor agreement?

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    Good contracts protect both parties. If you negotiate a good agreement, you should sign it, otherwise you should not. Did you consider how this items are defined in the agreement: IP, evaluation, benefits, time duration, liabilities, etc.

  • Do I have to use a licensed contractor on my construction project?

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    Some home repair can be done by you, but for a number of things you may require a licensed contractor: – Constructing a roof – Installing a dishwasher – Installing central air conditioning – Replacing a swimming pool pump – Plumbing water repairs when connected to drinking water – Building with metal – Building a…

  • What is a Building code?

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    Building codes cover both remodeling and new constructions, and are defined by local authorities as laws and ordinances. They represent standards that must be met for building design, construction, quality, plumbing, electrical and fire safety.

  • When should one utilize the services of a construction attorney?

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    If you are starting a new project you need to make sure that you are following local and federal building regulations. A: Cope handles a number of different legal needs, like employment law, government contracts, and construction defects. It is essential to follow regulatory guidelines and environmental regulation. If you are embarking on a new…

  • What is a construction contract?

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    A construction contract is a mutual or legally binding agreement between two parties (one or more property owners and one or more contractors) which outlines the scope of work, risks, duties and legal rights of both the contractor and the owner. A construction contract is a mutual or legally binding agreement between two parties (one…

  • What are the consequences of violating this law?

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    Fines for not complying to above laws can be costly, depending on the degree of violation. For GDPR fine range from ?10 to ?20 million, or 2% to 4% of the corporation’s worldwide annual revenue. CCPA fines range from $2,500 for unintentional to $7,500 for intentional violation, per violation. One “violation” occurs per consumer.

  • What is the difference between CCPA and GDPR?

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    CCPA protects California residents regardless where they are at the moment. GDPR protects EU citizens, and applies to businesses around the world reaching EU.

  • What businesses must comply with the CCPA?

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    What are the main CCPA requirements for businesses? California Privacy Rights Act (CPRA) covers any business matching at least one of three conditions: – Have $25 million or more in annual revenue – Possess the personal data of more than 50,000 “consumers, households, or devices”, or – Earn more than half of its annual revenue…

  • What Should be Included in the Terms of Use?

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    Also called ‘terms and conditions’, it is an agreement that a user must agree to in order to use a website or a service. Terms usually define user’s legal rights and also service liabilities, if any. Some thing vary, but ToU will always include: – A license or copyright – A disclaimer of liability –…

  • What should be included in a service agreement?

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    Scope of services, payment, amendment, termination, liability insurance, confidentiality, IP ownership, and choice of law and dispute resolution…

  • What are the most common Technology services agreements?

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    Foreseeing potential future disputes is essential to draft a good agreement in order to minimize risks associated with the deal. – Software Licenses – Software Development Agreements – SaaS/Cloud Agreements – Direct Customer Agreements – Vendor Agreements – Reseller Agreements and Distribution Agreements – Partner Agreements – Support and Maintenance Agreements, with Service Level Agreements…

  • What do legal tech services entail?

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    Legal technology services are provided by application of technology and software to help individual lawyers or law firms facilitate the practice of law. They also serve as a means to help comsumers access legal expertise at much lower cost that in some cases even can eliminate the need to consult a lawyer, thus making them…

  • What does an IP audit entail?

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    A good and comprehensive IP audit is always customized for your business and industry. It can include reviewing policies and procedures, conducting questionnaires with business personell, identifying status of relevant IP property owed.

  • What is the concept of “percentage of sales” in a patent license agreement?

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    Percentage of sales is a way to determine how much a licensee owes in royalties. The concept of “percentage of sales” is a method used to calculate the amount of royalties owed by a licensee.

  • What is difference between Patent License Agreements and Patent Assignment Agreements?

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    Licenses transfer patent rights to a third party temporarily, while Patent Assignment transfers these rights permanently. With licensing patent rights ownership does not transfer, no matter how much is paid in fees. Patent assignment agreements permanently transfer ownership.

  • When not to grant or take a license?

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    You may get recommendation not to grant or take a license in cases when you can successfully create your own IP, when there is a risk of licensing your IP to companies who might lessen the value of your IP, royalties are too high and may restrict the growth of your business, the IP to…

  • What is special about IP law?

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    IP is one of the most complicated areas of law and is muddled with deadlines that if missed can result in a loss of rights. The worse things that can happen to an inventor is seeing a copy of his invention being used by a competitor. In such cases it is crucial to have a…