While some oral contracts may be valid in Georgia, it is often best to put agreements in writing. In some cases, an agreement cannot be enforced unless the terms of the deal are written down. For instance, a prenuptial agreement generally isn't valid unless the terms...
Small Business
Small Business
The difference between material and immaterial breach of contract
After you have signed a contract, you expect the person or business that you are working with to do what they agreed to. However, they may fall short of your expectations after you have made that agreement. Your ability to defend your business and to ensure that other...
Dr. Seuss case examines concepts of parody, mashup and fair use
The written works of Dr. Seuss and Star Trek television shows and films are well known throughout Georgia. A mashup of the genres has triggered a copyright battle between Dr. Seuss Enterprises and ComicMix, a comic book publisher. DSE won a federal district court...
Why potential franchisees in Georgia need to be extra vigilant
Thinking about becoming a franchisee? This path has advantages for someone who wants to be a business owner. One of the most attractive benefits is that, while you will, in many ways, be largely independent, you will not be in business alone. You will reap the rewards...
The four elements of a private placement memorandum
As a new or growing business seeking to raise capital from private investors, a private placement memorandum could be a crucial document for your company. This document offers a deep look at your business, serving the function of a private prospectus to a potential...
Components of a legal contract
Individuals and companies in Georgia and other states may generally enter into written or verbal agreements with other parties. In many cases, contracts are bilateral in nature. This means that both parties have made some sort of promise to each other. For instance, a...
4 tips for keeping on track with your small business
When you're starting a business, one of the things you may worry about is failing. It's important that you know that failure is part of the process, but it's also possible to avoid serious issues by taking some steps to avoid them. As an entrepreneur, you need to know...
Is starting an LLC the right move for your new business?
Starting a new business is potentially a great way for you to increase your income and take an idea you have and turn it into something profitable. Unfortunately, new businesses come with a lot of risk as well as the potential for profit. You and the people who depend...
Business formation types that limit personal liability
As someone looking to establish your own business, you would be wise to figure out where your liabilities are so that you can determine how to best protect yourself and your personal assets. Some entrepreneurs mistakenly believe that they face few risks with regard to...
The basics of intellectual property
The concept of intellectual property has risen to prominence in recent years, in part due to advances in technology. Georgia State heavily values the intellectual property community, as evidenced by its recent announcement of a collaboration between Georgia State...
