Friday, September 10, 2010

Step 5: Your own argument and opinions. Did you agree or disagree with the rulings. Provide some authority for your argument such as quotes from the

I disagree with the answer the lawyer game me to –If my spouse pays to set up my business and I ran everything if we get a divorce does he have a claim to it?- and the lawyer said That the Nevada State law says that the company would be split 50/50 between each spouse.”The receiving party may claim to be your partner to obtain a benefit from a distributor or sublicensee. To avoid liability for such a situation, most agreements include a provision like this one, disclaiming any relationship other than that define in the agreement( pg. 567, Attorney Richard Stim).” Here is an example of how it could be written in an agreement/contract so that the other half or spouse cannot get the company if anything is to happen. “” Nothing contained in the Agreement shall be deemed to constitute either party a partner, joint venture, or employee of the other party for any purpose( pg. 567, Attorney Richard Stim).” So why in Nevada is thing split 50/50? If you have it in a agreement that he/she has no authority in the business. Also if it’s not in the contract/ agreement I believe that the other half can offer to pay to out buy the half that doesn’t want the company so that he/she can have all right to the company instead of having to deal with the decisions that the other half comes up with and the whole company shutting down because of the feuding.

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