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Some American working class citizen come to the point in their lives when they learn that they become disabled because of physical impairment/illness and can no longer work on their current jobs or can't hold down any sort of jobs anymore.To compensate for the income loss, they will go to apply for disability insurance claims under the programs of Social Security - Social Security Disability Insurance and Supplemental Security Income...

A patent is a government granted right that allows the inventor to exclude anyone else from making, using or selling the invention in the country that issued the patent.The government grants this right to help encourage inventors to spend the time, money and effort to invent new products, technologies and such.In america, the term of a new patent is 20 years from the date on which the application for the patent was filed or, in special cases, from the date an earlier related application was filed, subject to the payment of maintenance fees...

No matter the type of business you conduct, there's a substantial risk of being sued in our litigious society.Lawsuits can range from claims of negligence to defective products to disputes with employees.Incorporating is a means of guarding against these potential threats.Single Incorporation - Protecting Your Personal Assets Incorporating your business is a way of creating a legal wall between your personal assets and business...

A vast majority of businesses have possession groups of less than five people.While this provides for efficient and effective management, difficulties arise if something happens to one of the owners.If your company has multiple owners, ask yourself what happens if:· The owners can not get along?· One of you is hospitalized for an extended period?· An owner becomes divorced [and the partner is awarded half the stocks?]· An owner stops coming to work?· You wish to sell stock to a third party?· An owner passes away?· One of you wants to retire?All of these events can seriously disrupt your business, especially ownership disputes...

A contract is an enforceable agreement between two or more parties.The contract comprises the claims made by the parties to one another, which is known as"consideration." These promises define the connection being undertaken and what happens if the company relationship does not work out.If one party fails to behave in accordance with their promises, then they have"breached" the contract and could be found liable for damages...