Important Business Law Tip: Beware Of The Unintended Partnership
Do you know that you can create an unintended partnership and face legal consequences?
Yes, this can be created without the intention of the parties. Under the law, when a person shares profit in a business, an unintended partnership may be created. Even when the person entering such a business relationship has no intention or knowledge of creating such a relationship, this may happen.
Before entering into any business transaction, know your role and understand your rights and liabilities. Because this may have dire consequences. With an this, you become an agent of the business and thus the liabilities of the business falls on you as well.
So, do not enter into any business agreement without first understanding the terms and conditions of the contract. Hire a professional and avoid unnecessary future complications.
The Sterling Firm is here to review the terms and conditions of your contract and make sure you do not incur any unwanted liabilities. Call Us to Speak With An Experienced Lawyer or Book Your Consultation HERE!
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