MEMORANDUM OF LAW To: Brenda Young‚ Supervising Attorney From: Steven Carp ‚ Legal Assistant Date: September 26‚ 2012 Re: Enforcement of non-competition agreement against Brett Young I.QUESTIONS PRESENTED Whether the restrictive covenant is enforceable against Brett Young for working with a competitor of Finance R Us. II. SHORT ANSWER: No‚ the covenant is not enforceable against Brett Young for leaving Finance R Us and working for Titles Unlimited when the III. STATEMENT
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always coincide. Plato expressed that equity is a necessary element supplementary to the imperfect generalization of legal rules.[2] Seven Hundred years old clarion call of Magna Carta –“To no one will we sell‚ to no one will we refuse or delay the right to justice” very pertinently embodies the principle of legal aid. However‚ it was only when the colonial hangover of the Indian legal system was pointed by the committee for illegal aid and was stated that the shadow of the law created by the British
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Introduction Separate legal entity is principle law today‚ but in several cases‚ the principle is ignore and in justice is serve. The courts are willing asked to “lift the corporate veil” and ignore this principle when fairness and justice demand so. A “company” is an organization that is registered under the companies Act 1965. The incorporation of a company is an artificial entity recognized by the law as a legal person that exists independently with rights and liability. This means that a company
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Legal Forms of Business: Week 2 Legal Forms of Business In business‚ the first decision that is made is usually the most difficult. When making business decisions‚ the owner must decide what types of business organization is the best for the company. There are seven forms of business that will be discussed as well as scenarios in which each of these forms of business would be the preferred form. This paper will also justify why the corresponding business form is preferred. The forms
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Name: _Shawn Parker LEGAL RESEARCH & WRITING Legal Memorandum‚ Part B (Research List Answers) PLEASE READ: This is a list of LEGAL research that you may use for your memorandum assignment. Not all cases‚ statutes‚ or regulations need to be included in your paper. Keep in mind that secondary sources are only a guide or an explanation of the law. You should always place greater emphasis on primary authority over secondary authority. Use your judgment as to what you should include in your memo
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Natural and legal person A natural person is a living human being. This definition is meant to set a natural person apart form a legal person which is a group of people acting in a unified‚ often commercial enterprise but are considered by law to be acting as a single virtual individual. Companies‚ partnerships and similar entities are considered legal persons. Natural person start his or her life as unborn baby. Person‚ even if it is not born‚ has rights and duties as any other natural person
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The incorporation of a company is an artificial person which exists as a separate legal personality. This separate personality means that the company is separate and distinct from its participants. The company needs to be treated like “any other independent person” with rights and liabilities‚ even if it is owned and managed by one man. It is capable of holding its own property and may sue or being sued in its own name. The company has perpetual succession which implies that it is able to carry on
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Legal 2 Test 2 Studyguide Sole Proprietorships the simplest form of business organization. Sole proprietorships are the most common form of business organization in the US. Major advantages: * Forming a sole proprietorship is easy and does not cost a lot. * The owner has the right to make all management decisions concerning the business‚ including those involving hiring and firing employees. * The sole proprietor owns all of the business and has the right to receive all of the
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Legal Forms of Business Mike Martin LAW/531 January 9‚ 2012 Carmina Perez-Fowler Legal Forms of Business Legal forms of business include sole proprietorship‚ partnership‚ limited liability limited partnership‚ limited liability company‚ S corporation‚ franchise‚ and corporation. Each of these legal forms offers distinct benefits to business owners and investors. The decision to incorporate one legal form as opposed to another is often determined by circumstance and underlying factors. Cheeseman
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Legal Aspects of a Business Subjecc: Princples of Business Introduction When starting up a new business it is very important to look at the legal aspects which will influence the company in the future. In this part of the information file there will be the most important legal aspects for running a student company. First there is the selection of business form‚ in which there will be a compairison between the different possible forms. Afterwards a
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