Not every business practice or information can be referred to as a trade secret. It has to derive financial value from being a secret, and the business has to take reasonable steps to protect such information. Trade secrets can include: Ideas that give your business a...
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How partnership agreements prevent disputes
Forming a partnership can be an exciting opportunity to start or expand your business. And while partners typically enter the arrangement with nothing but the best intentions and shared visions of the future, things can and do change over time. Business partners can...
Unfair competition: Puffery or false advertising?
Your business may not be in the advertising sector, but publicizing your products or services through ads and marketing will likely still be crucial. Because advertising may not be in your area of expertise, you may run into some legal complications for unfair...
The commercial realm: not every participant plays fair
It’s one thing when a major business rival continues to outpace you by delivering superior products and service. It’s quite another when that competitive advantage is fueled by cheating. The former is just a tough-luck-to-you scenario. The latter spells deceptive and...