Category: Legal

Common Emergencies That Can Be Costly

Most adults know having money in savings is of great importance. However, they either fail to save any money or don’t save enough. When an emergency arises, they find they don’t have the funds needed to deal with it. As a result, they must borrow money from family or friends, take out a loan, or turn to their credit card to pay the bill. Certain repairs must be carried out immediately, such as when it comes to the home or car, and savings will be of great help at this time.

Home Repairs

Essential home repairs come in many forms. For example, air conditioning and heating systems seem to fail on either the hottest or coldest day of the year. This makes sense as the system is put under a great deal of stress at times such as these. However, a failure to get the system fixed in a timely …

Categories: Legal

The Law Can Make Or Break Your Business: What Could Happen?

Business owners who are adept at managing others and making sure a business is successful can go far, but only if they understand the laws surrounding their business. Contract law, employment law, and other types of laws are designed to ensure businesses are running properly and a failure to understand these laws can lead to serious repercussions. Some of the repercussions can include fines or lawsuits.

Fines

Contracts often have penalties built in just in case one party doesn’t adhere to the contract fully. Fines can be implemented by the government if the business doesn’t follow employment laws or does not have the required worker’s compensation for the business. All of these fines can be incredibly expensive and can result from a simple mistake if the business owner isn’t familiar with business law. 

Lawsuits

Employers who fire an employee who is part of a protected class for being in the …

Categories: Legal