A void contract is a contract that is not legally binding because its elements are unenforceable. For example, an incapacitated person can't legally enter into a contractual agreement. Clauses that violate existing laws will also void a contract. Under business law,...
Trademark infringement is when an unauthorized person uses a protected trademark or similar mark to represent a business, brand, service or goods. A trademark holder can hold a registered trademark for ten years under New York Business Law, Article 24. The...
One of the most exciting times in anyone's life is being able to start a business. Before you plan to do so in the state of New York, it's important to make sure you're not unknowingly breaking any rules. Here are a few important business laws that every entrepreneur...
Shutting down a business is often a painful experience because you've put your heart and soul into it. You may want it over as quickly as possible, but there is a certain process you must follow to correctly shut down your New York business. File a final return...
The intellectual property of your New York business may be a matter of great secrecy. As long as you commit no criminal acts, you have every right to keep it so. You may find that some or all of your trade secrets are being infringed on by another party. If this is...
The situation that has required many people to work from home has resulted in many new entrepreneurs also taking advantage of the ability to operate a business by utilizing the virtual marketplace. In fact, many new businesses operate solely in a digital format for...
An easement in gross is a right that allows someone to legally utilize a property that someone else owns. The easement is valid until the owner of the property holds or moves into it. A property owner can allow other people to use the property according to the owner's...
Parties to a contract might find themselves drifting apart on several issues. One signatory may feel no obligation exists to perform a particular duty, while another party might feel angry over the non-receipt of services, goods, or payments. Regardless of the...
If you're a business co-owner, then you know that there are always risks associated with running your business. Your partner may leave the business, become incapacitated or die. This can leave you in a difficult position if you're not prepared. When these things...
New York businesses regularly enter into contracts, and they will face issues from time to time with respect to all parties fulfilling established obligations. Disputes can stem from potentially any type of business agreement. There are two primary options other than...
