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What Is a Non-Disclosure Agreement?

What Is a Non-Disclosure Agreement?

by mark.koo@crederelaw.com | Nov 12, 2020 | Business Entities, Contracts, Startup

A nondisclosure agreement or NDA creates a legal obligation to privacy and compels those who agree to keep any specified information top-secret or secured. NDAs are common in many business settings, as they provide one of the most effective way to protect trade...
What Does the TM Symbol Mean: Everything You Need to Know

What Does the TM Symbol Mean: Everything You Need to Know

by mark.koo@crederelaw.com | Nov 7, 2020 | Business Entities, Contracts, Intellectual Property, Startup, Uncategorized

A TM can also be used alongside an unregistered mark informing a potential infringer that a slogan, phrase, term, or logo is already claimed as a trademark. What is the meaning of TM Symbol? The TM symbol means “trademark” and is used to notify the public...
Seller’s Permit vs. Resale Certificate In California

Seller’s Permit vs. Resale Certificate In California

by mark.koo@crederelaw.com | Nov 5, 2020 | Business Entities, Startup, Uncategorized

New business owners know that they need to collect sales tax on items that they sell, but they aren’t sure if they need a Seller’s Permit or a Resale Certificate. In California, this is an important distinction because while you might only need one, use of both may...
Starting a Delaware Corporation in California

Starting a Delaware Corporation in California

by consultants@kinggroupbc.com | Nov 1, 2020 | Business Entities, Startup, Uncategorized

For various reasons, many founders decide to incorporate in Delaware even if their principle place of business will be California. This is legal and commonplace, but there are some legal and practical points that the founders will consider. Registered Agent. All...
Does an LLC need an Operating Agreement?

Does an LLC need an Operating Agreement?

by mark.koo@crederelaw.com | Oct 31, 2020 | Business Entities, Contracts, Startup, Uncategorized

This post answers the following question: Is an operating agreement required? As is the case for many issues pertaining to limited liability companies, the answer varies from state to state. To answer this question, we need to examine the relevant statutes for each...
Starting a Delaware Corporation in California

Can I Sign Contracts for a Corporation?

by mark.koo@crederelaw.com | Oct 29, 2020 | Business Entities, Startup, Uncategorized

This issue comes up here and there. Authorization to sign contracts is addressed in the corporation’s bylaws and / or in resolutions of the board of directors. If specific authorizations are set forth in the bylaws, changing those authorizations can cause some...
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