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New Business Legal Answers from New Mexico
If a business is sold and it has contracts with distributors, do these contracts transfer to the new owner?
Unfortunately, the answer is, "it depends." 1) If the business structure--the corporation or limited liability …
Am I responsible for broken appliances after I sold a travel trailer?
In the sale of any item in this country, the seller is obligated to …
Is it legal for a company to use the lack of knowledge of a client to push an overpriced product?
It is perfectly legal to use the other party's or the customer's lack of …
Can an organization be taken over by board members without express consent of the founder?
You should immediately talk to an attorney who handles such entities. While this organization …
Can I raffle off a kitchen remodel?
What comes to mind here is the party that wants to raffle of their …
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