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Wednesday, June 20, 2007
Legal Issues - What Is The Best Way To Get Sued In Business
Million of lawsuits are filed in US every year. We have some advices so that you avoid a lawsuit against yourself.
Most people do the business individually. They become the sole proprietor of the firm. This gives them no property protection. If somebody makes up his mind to sue you, your entire property is at stack.
Once you establish a firm, you consult a lawyer and after a few days those legal files are putting some corner of your closet. If you are concerned about your firm truly, you must let an attorney review your documents every year.
Always take care of personal guaranty. Most often your vendors will ask you for a guaranty. In most of the cases you should avoid it as there is always a risk involved in it.
Insurance is a huge factor that protects you in most of the cases. Even if you are stuck in a very trivial case, the insurance company gives you an attorney. It becomes a liability of insurance company to protect you and your assets.
Sexual harassment if another issue you can be sued for. Even if you are not personally involved in it, you can be sued. Make sure that you do not forget to mention in company’s policies that sexual harassment is not tolerated in your company at all.
If you encounter a situation where you could be involved in a lawsuit, you should think before you do anything. You should not write letter filled with anger to other part
Most people do the business individually. They become the sole proprietor of the firm. This gives them no property protection. If somebody makes up his mind to sue you, your entire property is at stack.
Once you establish a firm, you consult a lawyer and after a few days those legal files are putting some corner of your closet. If you are concerned about your firm truly, you must let an attorney review your documents every year.
Always take care of personal guaranty. Most often your vendors will ask you for a guaranty. In most of the cases you should avoid it as there is always a risk involved in it.
Insurance is a huge factor that protects you in most of the cases. Even if you are stuck in a very trivial case, the insurance company gives you an attorney. It becomes a liability of insurance company to protect you and your assets.
Sexual harassment if another issue you can be sued for. Even if you are not personally involved in it, you can be sued. Make sure that you do not forget to mention in company’s policies that sexual harassment is not tolerated in your company at all.
If you encounter a situation where you could be involved in a lawsuit, you should think before you do anything. You should not write letter filled with anger to other part
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