You can expel a partner for violating the partnership agreement and other reasons. Learn when you can and can’t expel a partner and what happens after the fact. ... READ MORE
The manager or members of an LLC owe certain basic duties to the company and its owners. Who owes these fiduciary duties depends on the LLC's management structure. ... READ MORE
When you assign a contract, you transfer your rights and obligations to a third party. Learn how assignment works, including the rules on when it is and isn’t allowed. ... READ MORE
Contracts are legally binding agreements. While you cannot get out of one simply because you have changed your mind, there are legally acceptable reasons to break a contract. ... READ MORE
Decide in advance what will happen to your business if an owner dies, becomes disabled, goes bankrupt, gets divorced, retires, or otherwise decides to leave. ... READ MORE