
23
MarchCompany Formation - Tumble Done By An Agent
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Thus, with no contractspecifying that this is thework for hire and absolutelyno assignment, the default rule kicks in line with provide may own the copyright towards IP you created even if you were compensated for your work.
Why do people form business entities for their small operation? The answer is basic. While they have faith in their business idea, they want to protect themselves from any debts or lawsuits should company have problems. For those forming an LLC with only one owner, this shield usually easily penetrated with disastrous results.
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