Legal Definitions

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Category: Corporate Law (page 2 of 3)

What is a General C Corporation?

Home » Incorporation » General C Corporation

Unless you are operating a huge business, C Corporations are probably not for you – and, if you are reading this on our

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What is Business Law?

What is a Limited Liability Company (LLC)?

Home » Incorporation » Limited Liability Company

Limited Liability – the way to go. You’ve probably heard a lot about limited liability companies, and probably see that a lot of

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What is Bespeaks Caution?

Home » Incorporation » Business Law » Bespeaks Caution

The bespeaks caution doctrine provides that when forecasts, opinions, or projections in a disclosure statement are accompanied by meaningful warnings and

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What is a Nonprofit Corporation?

Home » Incorporation » Nonprofit Corporation

More often than not, a nonprofit corporation begins as a nonprofit association – a loosely organized organization ran by mostly volunteers. In a nonprofit

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What is Corporate Law?

Home » Incorporation » Business Law » Corporate Law Overview

Basically, a corporation is a legal entity. It is created under the laws of the state it’s incorporated within. The

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What is a Partnership?

Home » Incorporation » Partnerships

Partnerships are sort of like sole proprietorships for two or more people. Again, there is no need to register your partnership with the state, and

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What is Duty to Disclose?

Home » Incorporation » Business Law » Duty to Disclose

The duty to disclose doctrine provides that people generally are liable for omissions only if they have a duty to

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What is a Sole Proprietorship?

Home » Incorporation » Sole Proprietorship

If you are starting a company on your own, you are probably best off going with a sole proprietorship. With a sole proprietorship, you

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What is Insider Trading?

Home » Incorporation » Business Law » Insider Trading

Insider Trading: There are two theories of insider trading liability

Classical Theory: The classical theory of insider trading imposes liability on

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