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LLCs and Corporations: Similarities and Differences

May 9th, 2017|Business Law|

You hear so much about corporations and LLCs but do you know when you should have one, and what are the similarities and differences between these under California Law?

When Should You Have A Corporation Or LLC:
The answer is when you need to protect your personal assets from business debts. So if you have a home, investments and other assets but are running your business as a Sole Proprietorship or a Partnership, you are risking that any creditors of the business will come after your personal assets. This is […]

What Is A Warranty And How Can You Limit It?

May 1st, 2017|Business Law, Uncategorized|

A warranty is a statement made by one party to another party on which the other party can rely. A guarantee is different because it is a promise to pay for the debt of someone else. Most people and contracts mix these two terms.

Most, if not all, construction contracts contain warranties. Examples of express warranties routinely included in construction contracts are:
• A warranty that work will be performed in a good and workmanlike manner;
• A warranty that materials will be new and of good quality; and
• A warranty that the […]

California’s New 2017 Laws That Affect Businesses

April 12th, 2017|Business Law|

If you are running a business in California, there are numerous things to worry about.  Here is a list of a few new 2017 laws to help you and your business stay in the loop:

Minimum wage, equal pay and paid parental leave:

  • The statewide minimum wage was raised from $10 to $10.50 an hour for businesses with 26 or more employees — a rate that will rise to $15 by 2022.
  • An employer can’t pay a woman less than her male colleagues because of her prior salary. Workers in “substantially similar” jobs […]

California’s New 2017 Laws of Public Concern

March 30th, 2017|Uncategorized|

The following are new laws enacted in California that every person living in the Golden State should know about.  Here we categorize them:

SAFETY

  • Distracted-driving: Texting was already forbidden, but the new law prohibits drivers from using smartphones for other purposes while behind the wheel — unless they’re in hands-free mode.
  • Motorcycles: California became one of the first states to define “lane-splitting,” which is the practice of motorcycle riders to squeeze through stacked up traffic. The new law authorizes the California Highway Patrol to develop educational guidelines for weaving […]