The lawyer should always read the entire contract before agreeing to represent a party. A good lawyer is careful and methodical in her approach, always taking the time to fully understand all aspects of a…
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What are the Problems of Distributive Trade?
Defining distributive trade Distributive trade is one of the fundamental pillars of modern economic systems. This type of trading involves distributing goods and services to all members of a particular group or community. It has…
Can you Define Sui Generis?
What does sui generis mean, and where did it originate from? Sui generis is a Latin term that means “one of a kind,” It has been widely used in law and philosophy since ancient times….
Difference Between US Economic Law and European Economic Law
The definition of economic law There is no single definition of economic law, as economics encompasses many different areas of study. However, at its core, economic law refers to the principles and theory behind producing,…
What Are Consumer Protection Laws – And Why Do They Matter?
What are consumer protection laws, and what do they cover? Consumer protection laws are designed to safeguard consumers from unfair business practices. These laws are intended to help protect people from things like misleading advertising,…
The Art of M&A – A Quick Book Review
As a buyer and seller, I’ve been in the private equity/M&A arena for the last 20 years. Many books attempt to cover elements of the process – from target acquisition to diligence completion. This…
What Every Entrepreneur Needs to Know About Accounting – Investing and Financing Activities
As a business owner, you need to know the different accounting activities under investing and financing. These activities include secured transactions, loans, and equity investments. Keep reading to learn more about these essential concepts and…
Depreciation – Critical Elements You Need To Know
The idea of depreciation is a strange one to grasp. It’s an expense you don’t see but plays into your business. Like the plot twists in Lost, this unknown factor can be frustrating and make…
Prepaid Expenses – Critical Things You Need To Know
The price you’ll pay for business growth lags behind the effect of cash flow. Managers and investors need to understand that increasing sales without expanding their accounts receivable isn’t a realistic scenario for revenue growth….
Accounts Receivable Management – Critical Things You Need To Know
Accounts Receivable Management One of the more complicated accounting items is accounts receivable; in most businesses, these make up a large portion of assets. In other words, they cause cash flow delays in a business…