What is a NYSE Audit Committee? The NYSE Audit Committee, as required by the New York Stock Exchange, is a vital component in the structure of publicly listed American companies. This committee, comprised of board members of the listed company, brings expertise and oversight to the financial reporting process, proving its value over the course […]
What Constitutes a Constitutional Law Constitutional law constitutes the essential rules and principles by which the federal government and the states operate in relation to one another, as well as the relationships between the government and its citizens. It is a fundamental aspect of the U.S. legal framework and, consequently, is a central topic studied […]
Why Dryer Vent Cleaning Laws are Important The presence of laws is a significant factor encouraging homeowners’ associations and other common interest communities to ensure that their dryer vents are properly maintained. Unfortunately, clogged dryer vents allow flammable particles to collects in pockets along the vent line. Dryer fires are reported frequently, such as recently […]
What are Recitals in Law? A contract, deed or other legal document such as a constitution, trust deed or will may contain a statement known as a "recital." Such a statement records factual matters which are the background to the document. For example, at the commencement of a deed securing a loan there may be […]
Owner Contractor Protective Policy – What is it? Owner Contractor Protective Policies offer insurance coverage for contractors that either build on or work near an insured’s premises. Essentially, the contractor remains covered under the contractor’s own policy for injuries to workers and others, and the owner customer also receives coverage for damages arising from negligence […]
What is a Booth Rental in a Salon? For the uninitiated, salon booth rentals are arrangements where a stylists leases their space, and thus makes a "booth" (i.e. a part of an office) within a salon to operate their business at. This is increasingly popular as a way for salon professionals to maintain their own […]
What is a Cohabitation Agreement? A cohabitation agreement serves the same purpose as a prenuptial agreement, except between dating couples, either of whom can be legally married or unmarried. Typically the purpose of a cohabitation agreement is to protect the separate premarital assets, property, and income of both individuals. It is a common misconception that […]
What Are Vendor Insurance Requirements? Essentially, vendor insurance requirements are requests from a business to its vendors to provide certain types and levels of insurance coverage. This acts as a way for the business to set the expectations about the risk that vendors assume in doing business with their company, and what they will be […]
What Does Joint Legal Custody Mean? Joint legal custody in the context of family law in Alabama typically involves the legal custodial parents having the right, authority, and responsibility to make major decisions concerning the child, including but not limited to those related to education, health care, extracurricular activity, and religious upbringing of that child. […]
Finding Your Niche as a Lawyer Consultant It’s very easy to get confused, but a legal consultant is not the same as a lawyer or attorney. The best way to put it in simple terms is by thinking of all of the medical experts that you have had dealings with. Your medical doctor is not […]
