Saturday, December 21, 2013
Legal pitfalls that can sink your business
Ateneo Professor on Entrepreneurship
From Intuit | December 19, 2013
Commercial laws govern our trade, commerce and business. In US particularly, intellectual property, copyright laws rather than property rights are stricter as provided for in the constitution of US. Thus businesses must be wary, must be careful when it comes into law, regulations and its violation. Litigation costs money and damages can be punitive.
The four areas that businessmen should be concerned:
1. Intellectual property rights,
2. Equitable enforcement of HR/labor policies
3. Use of creative assets
4. Handling disputes on your own
From Intuit | December 19, 2013
Commercial laws govern our trade, commerce and business. In US particularly, intellectual property, copyright laws rather than property rights are stricter as provided for in the constitution of US. Thus businesses must be wary, must be careful when it comes into law, regulations and its violation. Litigation costs money and damages can be punitive.
The four areas that businessmen should be concerned:
1. Intellectual property rights,
2. Equitable enforcement of HR/labor policies
3. Use of creative assets
4. Handling disputes on your own
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