by Mark Smith | Mar 3, 2015 | Blog, Corporate Law
Texas Implied Warranties – Construction, Repairs, and Modification In addition to the implied warranties Texas law creates for the sale of goods, Texas common law has developed a number of warranties related to construction, repair, and leasing of real property. These...
by Mark Smith | Feb 23, 2015 | Blog, Corporate Law
Texas Implied Warranties – Sale of Goods Many contracts related to the sale of goods have express warranties. For example, when you buy an appliance you typically get an express warranty for parts and labor for a specific period of time after the sale – i.e. a 1...
by Mark Smith | Feb 8, 2015 | Blog, Business Formation, Corporate Law
One of the largest expenses a small business will incur is related to its lease. Because commercial leases are such a large expense and are typically long-term commitments, it is imperative that business owners know exactly what is included in the documents they are...
by Mark Smith | Feb 1, 2015 | Blog, Business Formation
Texas recognizes several forms of partnerships. Specifically, there are General Partnerships, Limited Partnerships, and Limited Liability Partnerships. Each has advantages and disadvantages and are explained more fully here. However, they all have one thing in common...
by Mark Smith | Jan 25, 2015 | Blog, Corporate Law
Under Texas law, a “contract” generally refers to an agreement between two or more persons that creates an obligation to do or not do a particular thing. Frady v. May, 23 S.W.3d 558, 565 (Tex.App. – Fort Worth, 2000, pet. denied). There are many types of contractual...
by Mark Smith | Jan 19, 2015 | Blog, Business Formation
Many entrepreneurs or small business owners find it difficult in getting their venture off the ground because of insufficient capital. Typically, the most common sources of starting capital for small-businesses are personal funds and investment or gifts from friends...
