Summary
Summary of BUsiness law
- Course
- Institution
Summary of 1 pages for the course Business at Confederat (Learning activity)
[Show more]
Seller
Follow
quynhnguyen1
Content preview
BUSI2023 Business LawLearning activity 8
Name: Quynh Nguyen
There are some types of agreements that are relating to the use and license of tangible and intangible
property by the company under this situation:
The building lease between Sassy, her husband – Harry and the “Bon Sell-It Real Estate” – Real
estate lease agreement
Between “Sell-It Real Estate” and “Bon Sell-It Real Estate” – Franchise agreement
Using the name “Bon Sell-It Real Estate” (between Bonnie and the franchisee” – Patent
agreement
All seven employees and the “Bon Sell-It Real Estate” – Employment contract agreement
The ET logo used on the vases, sales, and distribution of the vases – Trademark of the logo and
copyright for the special vases
Fred and the “Bon Sell-It Real Estate” – Purchase agreement for the software, maintenance of
software and the confidentiality of the clients
Moreover, we also need to consider three other formal agreements that need to be drawn up for the
company to be legally covered:
Letter of intent - The Company should look for a letter of intent from the purchaser. In this agreement,
the purchaser will plot the terms and conditions of the arrangement like the agreed cost. This letter will
be a non-binding letter and will enable the purchaser to direct due diligence to evaluate the
organization.
Confidentiality agreement - This agreement is signed before the due diligence is conducted by the
purchaser. This agreement forces the purchaser to keep the reality regarding the potential arrangement
confidential. This agreement is normally a piece of letter of expectation yet can likewise be considered
as a different agreement.
Purchase agreement - If Bonnie's organization chooses a buyer and terms and conditions have
concurred then a buy agreement ought to be drawn. This formal agreement will incorporate all major
and minor insights in regards to the arrangement. It will incorporate realities like value, any type of
financing for the arrangement between the purchaser and the dealer; any no contend contracts and so
on.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller quynhnguyen1. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
56326 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now