Intentional and Negligent TortsBy definition Tort is a civil wrong that can be redressed through award of damages. Law has recognized torts as civil wrongs that become grounds for a lawsuit. These wrongs may result in harm or injury on whose basis the injured party can make a claim. Mainly the tort law aims to provide for the damages that occur due to a wrong and tries to … [Read more...] about Tort:Intentional and Negligent
Vicarious Liability: (Held liable for the employee's conduct)Vicarious liability means indirect liability. It arises in cases where the liability of a person’s actions falls on someone else due to the degree of control he exercises on the person accused of misconduct. In the area of employment, the liability of an employee’s acts may fall on the employer.However, there … [Read more...] about Is your employees’ mistake your liability?
Employee or independent contractor videoHow to decide whether it is an employee or an independent contractor- check out through this video : … [Read more...] about Employee or contractor
What are the differences between employee and independent contractor?At several points it becomes essential for businesses to differentiate between an employee and an independent contractor. There are several points of distinction between the two. Of all the factors that affect one's status as an employee or a contractor, it is the degree of control the person holds on his … [Read more...] about Employee or independent contractor: How to find out?
Partnership in Business and Its Types Partnership:Partnership implies shared ownership where two people or more share the ownership of a single business. The partners don't just share the profits and losses of the business but contribute to each and every aspect of the business, whether it is the money, resources, labor or even skills. Since partnership is between two or … [Read more...] about Business Partnership types and their pros and cons.