Business

Updated October 16, 2023
1 min read
Title "Business Category of Lawrina Guides": book, stamp, paper, pen, notebook, computer, monitor

If you own a business or work in a professional business setting, you should always be aware of the laws governing your industry. This is especially true in the business world, where laws can be rather intricate and complex. Here at Lawrina, we have an extensive business practice legal guide covering the laws and regulations that might be relevant to your business, parts of which you may find confusing at times. This confusion is normal, and that is why there are resources to help you in the Lawrina business guides section.

Banking Law

Banking law is particularly intricate. It serves the purpose of regulating the operations of banks and other financial institutions. If you need some extra insight into these rules and regulations, business guides on the subject might come in handy. These guides provide much-needed peeks into federal and state banking legislation, as well as compliance measures to ensure that your business is adhering to the law.

Labor Law

As either an employee or a business owner, you should read as much as you can on labor laws. These laws are instrumental in maintaining a healthy and productive workplace by regulating the rights and responsibilities of both employers and their employees. These business guides will help you in the day-to-day operation of your business. Our labor law business guide will enlighten you on labor legislation, principles, and enforcement.

Internet Law

The Internet is perhaps the most revolutionary human invention ever created. It is a mainstay in daily living, including business, and thus requires comprehensive regulation. Internet law governs all forms of Internet usage. Since this field pieces together fragments from several other fields, business guides can help you properly grasp the important concepts.

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Banking Law
Banking law is the lifeline of any thriving economy. US legislators create these laws to govern banks and other financial institutions to protect consumers, prevent crime, and monitor risks. We've compiled this legal guide for the banking lawyer seeking a comprehensive resource on banking law. Find everything you need, from banking requirements to consumer protection measures and anti-money laundering efforts, to navigate the ever-evolving financial landscape. What Are Banking Laws? Banking laws
Bankruptcy Law
Bankruptcy law is a legal process that helps individuals, businesses, and organizations when they are unable to pay off their debts. Bankruptcy offers a legal framework for debtors to obtain financial relief by either restructuring their debts or discharging them altogether. Bankruptcy law provides a fresh start for those facing overwhelming financial difficulties. This legal guide offers the basics of bankruptcy law, including defining key terms and explaining how the process works. Definition
Contract Law
Contract law is a part of our lives every single day. From a complex business deal to buying a simple cup of coffee, contract law is all around us. Contract law gives individuals peace of mind from knowing that they will be protected from other parties taking advantage of them. Businesses often heavily rely on contract law to form contracts and move goods from one place to another. Because of its importance, it can help to better understand contracts and how contract law works. What Is a Contrac
Entertainment Law
The entertainment industry is a dynamic and exciting world, but it is also complex and multifaceted. As a result, entertainment law covers various issues, from contract negotiation, intellectual property, labor law, and much more. This legal guide provides an overview of the fundamental principles and concepts of entertainment law. What Is Entertainment Law? Entertainment law deals with various international, federal, and state laws that govern all aspects of creating and distributing entertainm
Independent Contractor Law
As an independent contractor, you have certain rights that you should know and understand. Independent contractor law protects individuals who are not employed by a company but, rather, are engaged in their own business or who complete specific jobs or tasks as one-time projects. This guide will provide an overview of independent contractor law, what it means for the contractor, and how to ensure that the rights and obligations under this law are upheld. Knowing your rights is one of the best wa
Intellectual Property Law
Intellectual property law fuels innovation by safeguarding inventors' and creators' rights while simultaneously availing their knowledge for others to refine or bring to life new inventions. In this guide, discover everything you need to know about IP law and how you can protect your rights or leverage existing knowledge with due regard to the rights of others. What Is Intellectual Property Law? Intellectual property law is the set of federal and state laws that protect the rights of creators an
Internet Law
Although the Internet has been hailed as the ultimate platform for self-expression, attempts to regulate it have been growing. Over the past few years, laws have been passed that influence and even control what we say and do online, and there are even lawyers who dedicate a significant part of their practice to Internet law. In this legal guide, we’ll go over everything you need to know about Internet law and how it may apply to you. What Is Internet Law? Internet law governs the use of the Inte
Labor Law
Labor law encompasses all legal matters related to the rights and responsibilities of employees and employers. It ensures fair treatment and protects workers from exploitation or unsafe conditions while helping employers maintain a productive and legally compliant work environment. It encompasses the body of laws that addresses the rights and obligation of an employee and their employer. What Is Labor Law? Labor law is an ever-changing area that attempts to ensure that everyone's rights in the w
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Frequently Asked Questions

Which corporate form should I choose for my new business?

The corporate form you should adopt for your new business depends on what exactly your new business is. There are several corporate forms you should explore in business guides based on what you want your business to be. If your business is on the smaller side, you might want to consider establishing  a sole proprietorship or a limited liability company (LLC), as these options tend to be the most flexible. Bigger businesses should consider more complex forms, such as incorporation and partnerships.

What kind of business insurance do I need?

There are countless types of business insurance that you can find in our business guides, and your business may require more than one type. A business practice legal guide will inform you that most states require you to have at least one form of insurance, often general liability insurance to cover damages you cause other people. However, you should look at additional types of insurance depending on your type of business. For instance, fire insurance is likely a valuable option for a steel factory.

How do I dissolve my business?

As you would expect, the procedure for dissolving your business differs based on the corporate form you chose, and business guides can help walk you through this process. However, there are some constants across varying types of business entities. You should ensure that you file your final tax returns with the Internal Revenue Service (IRS) and close your IRS business account. Your liabilities to employees and third parties must also be offset or paid off. LLCs, partnerships, and corporations require a dissolution vote by the relevant voting body. You must also file an article of dissolution.

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