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4 days ago · One of the most important principles in company car accidents is vicarious liability. Under this legal doctrine, employers can be held responsible for the actions of their employees performed in the course of their employment. If an employee is found to be negligent while performing job-related duties, the employer can be held liable for any ...
4 days ago · Legal Liability. Both corporations and LLCs are limited liability entities. This means the owners aren’t personally liable for business debts or lawsuits against the business.
- Business owners that want to scale their business by hiring employees and taking on outside investors are best suited for a corporation. Corporate...
- The cost of your LLC will depend on a number of factors, like your state, the service you book with and any extras like an operating agreement. For...
- The answer depends on the kind of business you have, your income, your goals and your business’s ownership structure. There’s no one-size-fits-all...
- LLC is short for limited liability company. Inc. is short for incorporated, which means the company is a corporation. The owners of a corporation a...
- Although they sound similar, there are differences between an LLC and a limited liability partnership (LLP). While both feature aspects of corporat...
1 day ago · The company can terminate the services of the employee for Cause upon "(i) your conviction of, guilty plea to, or entry of a nolo contendere plea to, a felony under U.S. federal or applicable state law; (ii) any act of theft of Company property, fraud, or dishonesty; (iii) your involvement in any situation which subjects you to scandal ...
5 days ago · Because of that, the law does recognize what is called the intracorporate conspiracy doctrine. Immunization From Liability. If an employee’s only act is that they did something someone else ordered them to do, they may not be liable criminally, because of the doctrine.
6 days ago · Every company needs an organizational structure—whether they realize it or not. The organizational structure is how the company delegates roles, responsibilities, job functions, accountability...
- Christine Organ
4 days ago · A single-member LLC is a limited liability company that has one member (owner). It provides limited liability protection and tax advantages. We recommend SMLLC vs sole proprietorship. Our Single Member LLC guide will detail the benefits and teach you how to set up a single-member LLC.
4 days ago · Current liabilities are a company's debts or obligations that are due within one year, appearing on the company's balance sheet and include short term debt, accounts payable , accrued liabilities ...
