Businesses in this state are expected to comply with the terms of the Ohio Sales Practices Act, but some business owners aren't quite certain how this applies to their company. When a business isn't in compliance, they can face legal action. This act is meant to help...
Month: July 2020
Is there such a thing as a contest-proof will?
No one wants their will to be contested in court in a heated showdown after they're gone. Heirs file lawsuits in court contesting wills most every day, however. Wills may become contested for many reasons. An heir may allege that the testator has a more recent will or...
Negotiations may help avoid litigation over partnership issues
When you first went into business with your partner, you may have thought you could not take on this endeavor without him or her. Over the years, you found yourselves at odds from time to time, but you managed to reach resolutions to any differences of opinion you may...
Know what reasonable accommodations you must take as an employer
Title I of the Americans with Disabilities Act (ADA) requires employers to make reasonable accommodations for disabled workers. Making adjustments to the work environment for an applicant or employee is advantageous to them on many levels. It gives them a better...
What are equity securities?
The concept of equitable securities describes a share of common stock in a corporation. This financial instrument gives individuals an ownership stake over an Ohio business when they invest in it. The amount of controlling interest that you have over the company...
What are the different types of governance structures that exist?
Many Ohio companies have what's referred to as corporate governance structures in place. These are policies, controls and guidelines that businesses establish to meet their objectives. There are three types of governance structures including, internal and external...