The Lebanese government approved a U.S. plan to disarm Hezbollah, the group whose military wing was recognized by previous governments as a parallel security structure to Lebanon’s armed forces. The agreement calls for Hezbollah’s...

Today we are investigating our moral obligations to our parents and our families. Do we owe our parents anything as adults? Would it be a good idea to license parents? We’ll explore these questions as well as the ethics of care, and some...

What if, this holiday season, instead of saying "thank you" to your aunt for her gift of a knitted sweater, the polite response expected from you was to show up at her house in a week with a better gift? Or to vote for her in the town...

This video provides an overview of piercing the corporate veil. An attempt to pierce the corporate veil is a legal action attacking the personal liability protection afforded by a limited liability entity. The objective is to disregard...

This video provides an overview of potential personal liability of members of an LLC. For more free business resources, visit JMG | TheBusinessProfess (www.TheBusinessProfessor.com).

What is required to perform a sales contract or the performance of a lease contract?

What is At Will Employment?

In this video, the speaker discusses the laws and regulations surrounding the lease of real property, also known as real estate. They explain that the lease of real property is subject to state law and falls under the area of contract...

Novation

What are the available remedies for breach of sales and lease contracts?

Owners of many businesses are protected from personal liability for the debts of the business. That is, the owner has limited personal liabilities. There is a method, however, to hold the owner liable under a process known as piercing...

Shareholders Personally Liable for Obligations of Corporation

It is a common scenario where either the buyer or seller in a real estate transaction breaches the terms of the real estate sale agreement. This video explores what are the remedies available to a seller or lessor of property in the...

Business employ various approaches to revenue recognition. Any revenue recognition method must be in accordance with ASC 606 which provides steps for determining when revenue should be recognized.

The video discusses three important concepts related to finance and accounting: liquidity, cash, and cash equivalents. The presenter explains what liquidity is and why it is important for a company's ability to pay its near-term...

Buy Sell Agreement

Business Entities (Intro)

In this video, the teacher explains the concepts of conditions precedent and conditions subsequent in a contract. The video also discusses expressed and implied conditions, as well as concurrent conditions between parties.

This Video Explains Executory vs Executed Contracts

This video explains important vocabulary and concepts related to contracts, such as enforceability, valid contracts, unenforceable contracts, void contracts, and voidable contracts. The speaker elaborates on each term and provides...

What is an Employer Identification Number (EIN)? The Employer Identification Number, also known as the Federal Employer Identification Number or the Federal Tax Identification Number, is a unique nine-digit number assigned by the...

What are some primary Documents used for Businesses? List of business documents: Documentation of Bylaws, Non-Disclosure Agreement, Minutes of Meeting, Business plans, etc.

This video provides valuable insights into the intricacies of contract delegation. The video discusses the conditions under which delegation is valid and the limitations to delegation, particularly when the contract relies on the unique...

Products that a manufactured and sold in different nations are subject to international agreement. This video explains what are International Contracts and how do they work. Also, this video explains what are the important considerations...