One of the purposes of this article is to help prepare the lawyer for that task.Roger C. HendersonRoger C. Henderson, Insurance Protection for Products Liability and Completed Operations: What Every Law- yer Should Know, 50 Neb. L. Rev. 415, 441 (1971).
If you control both what will be done and how it’s done, the worker is usually an employee. Determine if payroll deductions apply. Withhold income tax, Social Security tax and Medicare tax only on wages paid to employees, not independent contractors. These types of workers pay self-...
When a company’s net profit for the year is positive, it means that the company is making profits. If the net profit is still growing healthily year by year, it means that the business is in good condition; when the net profit is negative, it means that the company is losing money. ...
non-exempt status can lead to legal liability for employers. What Is Salary Exempt? Salary exemption occurs when a worker makes enough money in their salary to qualify for exemption from the Fair Labor Standards Act (FLSA). The FLSA covers various overtime regulations and employee rights. The ...
Forming an LLC will require an operating agreement. Understand what it is, how it works, and how to establish it.
Keeping a PTO liability account offers more benefits than just knowing when your employees have taken a day off. The main reason to keep track of employee PTO is knowing exactly how much money you will have on hand if an employee quits without using their PTO. This way, you properly uphold...
and sanctions for breach of contract. For that hypothetical home furnishings retailer, this would mean making sure the dropshipping partner understands what the contract says about the manufacturer’s liability should products take too long to ship, get damaged in transit, or need to be returned....
Software licensing terms and conditions generally include fair use of the software, the limitations of liability, warranties, disclaimers and protections if the software or its use infringes on the intellectual property rights of others. Licenses typically are for proprietary software, which remains the...
Cloud economics is important because a cloud migration affects both tangible budgets and theoretical shifts in operations and IT. No one-size-fits-all strategy applies; each organization has different internal and customer demands and unique network and hardware configurations. In addition, some organiza...
The full form of ATM is “Automated Teller Machine.” The term ATM comes from “Automated,” indicating it works automatically, and “Teller,” referring to the role of a bank employee, combined with “Machine” for the device itself. ...