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South Carolina has over 400,000 small businesses that must protect themselves from credit card fraud. It’s an issue that many small businesses struggle to combat. Forbes Advisor reported 33 percent of small businesses in the US have been impacted by credit card fraud....
It is a common practice in South Carolina for business contracts to stipulate that the parties involved will settle legal disputes through arbitration instead of litigation. Arbitration is usually faster and less expensive than taking a case to court. Mediation...
South Carolina businesses and individuals use contracts to establish an agreement between two or more parties. Contracts define each party's expectations and obligations and provide a legal framework for enforcing those obligations. However, not all contract terms are...
In South Carolina and other states, the phrase "meeting of the minds" is a legal term to describe the mutual understanding and agreement between parties to a contract. This concept is crucial to the formation of a valid contract. Therefore, it is known as a mutual...
No business is perfect in South Carolina, and disputes are bound to happen from time to time. When they do, it's important to handle them in a way that protects the interests of your business and preserves your relationships with customers and suppliers. Take...
In a business dispute, there are several methods that can be used in order to protect your business interests and stop things from escalating. One of these methods is known as a cease and desist letter. What is a cease and desist letter? This type of letter is a...
When two businesses have a dispute, there are several ways to resolve it. One way is through arbitration, which is often simpler and cheaper than going to court. What is arbitration? Arbitration is a process where two businesses, or individuals, agree to have their...
Setting up a business in South Carolina will involve a great many details. One of these will be to protect yourself against frivolous allegations about the way you do business. The best way to do so will be to use a legal doctrine known as the Business Judgment Rule....
If you own a business in South Carolina, the law requires it to have a physical location in which it operates. This location will affect your taxes and other business liabilities. The meaning of a principal place of business A corporation or LLC's principal place of...
Business disputes in the state of South Carolina can take many forms. You may be arguing over financial matters or the general direction the company is taking. Whatever the reason may be, getting locked in a dispute can be a frustrating experience. There are several...