Daily Archives April 17, 2015

What Are The Requirements In Establishing a Corpor

What Are The Requirements In Establishing a Corporation?

by: Jinky C. Mesias

A corporation is the biggest type of business entity. So how does one creates one of these giants? But first it is important to define the term CORPORATION- a corporation is an artificial legal entity which is chartered by a state and formed to conduct business. A corporation is completely a distinct and separate entity from its owners, it has its own life and can be held liable for any debts that it may incur. A corporation is also required by law to pay its own taxes.
Every state has their own General Corporation Law or Business Corporation Law that permits practically anyone to acquire a charter in order to conduct a business...

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Florida Isn’t Just For Tourists

Florida Isn’t Just For Tourists

by: Alex Goumakos

No matter what your interests, you will find something in Florida to enjoy. Whether you like mouse ears and theme parks, the warm, sunny beaches or the exotic wildlife, Florida attractions are hard to beat. With an increasingly friendly business environment, Florida is also a great place to do business!
When most people think of Florida they think of sunshine, palm trees and fabulous winter vacations. What most people don’t realize is that Florida is also a great place to incorporate. If you own your own business or are considering starting one, you owe it to yourself to discover the benefits of a Florida corporation.
For starters, there is no personal income tax in the State of Florida. While regular corporations are subject to a 5...

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Anatomy of an International Debt Collection Case

Anatomy of an International Debt Collection Case

by: Zhao Xiaomei (Meggie)

Introduction
In late June of 2003, I received an e-mail from Daniel Harris, who introduced himself as maritime lawyer from Seattle. He had found me through the internet and was asking me whether I was interested in helping arrest transshipped cargo in Dalian. I was excited about the task and I surfed Dan’s website [http://www.harrismoure.com] and learned Dan owns a small international law firm in Seattle, called Harris & Moure. I replied to him immediately and sent him some relevant provisions concerning cargo arrests under China legal system. He was very happy with my prompt and helpful reply and we soon were working together on the case...

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What is Fraud

What is Fraud

by: Leon Pena

Fraud occurs when a person knowingly or intentionally conceals, misrepresents, and makes a false statement to either deny or obtain workers’ compensation benefits or insurance coverage, or otherwise profit from the deceit. The key to conviction is proving in court that the misrepresentation or concealment occurred knowingly or intentionally.
Premium fraud and benefit fraud are the most common types of workers compensation fraud.
Premium fraud is usually committed by an employer who misrepresents the amount of payroll or classification of employees, or who attempts to avoid a higher insurance risk modifier by transferring employees to a new business entity rated as a lower risk category.
Benefit fraud is usually committed by: a worker who works full time at an un...

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What To Do If You Find Unauthorized Transactions O

What To Do If You Find Unauthorized Transactions On Your Account

by: News Canada

(NC)-If you find unauthorized transactions on your credit card account, follow the steps below to find out whether you can be reimbursed:
Step 1: Contact your credit card issuer immediately to report the unauthorized transactions.
Step 2: Check your credit card agreement. By law, your agreement must contain a section that explains your maximum liability (usually $50) in the case of lost or stolen credit cards, or the unauthorized use of your credit card account number.
Step 3: Find out if your credit card issuer offers “Zero-Liability” on unauthorized transactions. For example, Visa and MasterCard cardholders are protected beyond the maximum liability found in their credit card agreements...

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