First off, what is a master service agreement. Second, how do they work. Last, is a master service agreement a better contract management tool for your business? What is a Master Service Agreement? The master service agreement, or “MSA”, is a contract between parties that […]
To maintain your liability protections, the law has created a fiction that is called the “corporate veil”. That means that a business is considered a separate entity, apart from its owners. As such, owners are not held liable for the debts of the business unless […]
This is Part I of two on maintaining the “corporate veil”. The “corporate veil” is the phrase we lawyers use to note that business debts and liabilities belong to the business and not the individual owners. This rule is fundamental to business law. Courts and […]