Monthly Archive: November 2011

Nov
26

Starting And Managing Your Business101: The Purchase

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By: Richard E. Korb and An Thien[1] Finding the right business to purchase is not an easy task. In fact, the process of buying a business can be extremely long and challenging. But it can also be one of the most financially rewarding pursuits that you can engage in throughout your life. It is important …

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Nov
24

Starting And Managing Your Business 101: Understanding and Using Employee Handbooks

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By: Richard E. Korb[1] Understanding and using employee handbooks is essential for both the employees of a company as well as the employer. These documents do not only set forth the company’s policies, procedures, and expectations, but when they are understood and used properly, they can protect the company from a lawsuit. Well-written employee handbooks …

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Nov
24

Starting And Managing Your Business101: Avoid Misleading Advertisements

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 By: Richard E. Korb[1] Advertisements are crucial to a business’s success because they inform consumers about the business’s services and products. Advertisements allow businesses to communicate events, locations, prices, offers, and other information necessary to enable a commercial transaction. However, businesses are not allowed to use ads to lie, deceive, or mislead the public in …

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Nov
23

Starting And Managing Your Business101: Vicarious Liability: When Is An Employer Responsible For Acts Of The Employee?

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    By: Richard E.Korb[1] In many personal injury and criminal cases, the violators are often not the only parties responsible for wrongdoing. For example, if an adult purchases alcohol or cigarettes for a minor, the adult is almost as responsible for underage drinking or drug usage as the minor. Under vicarious liability or respondent superior, …

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Nov
23

SB 931: New Anti-Deficiency Law Protects California Homeowners In Short Sale Situations

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   By: Richard E. Korb[1] Signed in September of 2010, California’s Senate Bill 931, pertaining to California Short Sale Deficiencies, is a new anti-deficiency law designed to protect borrowers against deficiency judgments after approving and completing a short sale. Prior to the passage of SB 931, lenders had attempted to claim entitlement to deficiency through …

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