Partnerships are some of the most common business structures in Georgia. They're appealing in part because they're less complex than a corporation. However, one downside to this arrangement is evident when considering what happens when a partner abandons the business....

When people in Georgia imagine contracts, they often think of formal documents. However, that's not the only type of contract. Some of them, known as oral contracts, are spoken agreements. While oral contracts can be legally valid, it might be tough to prove that you...

If you own a business in Georgia, you likely deal with contracts regularly. When all parties involved in a contract follow their duties, everything usually goes smoothly. Unfortunately, there are times when a breach of contract occurs. Here's a closer look at four...

When you're setting up a business in Georgia, you need to think about what type of structure is best. A sole proprietorship is the most common type of business structure but also the riskiest for your personal property and assets. Limited liability company With an...

You own a successful business, which continues to grow. You have a solid employee base as well as hundreds of satisfied customers. However, you know growth opportunities exist, and that is why you and your leadership team ponder a merger or acquisition with another...

If two parties are involved in a contract and one party doesn't hold up their end of the agreement, the other might be able to sue for a breach of contract. A successful lawsuit could result in the offending party paying out damages or holding up their end of the...

Various entities enter into contracts in the state of Georgia for a variety of reasons. A professional athlete, for example, may sign a contract to play for a sports team. A homeowner may sign an agreement with a construction business to add a new addition to a home....