Nobody wants to deal with the St Louis corporate law system (or any legal system for that matter), and as they say, the best form of protection is prevention. There are plenty of things you can do to help prevent seeing the inside of a corporate law room – besides not breaking the law.
Write What You Mean
When writing up contracts and other official documents, people can often assume that everyone understands what they mean. Unfortunately, there are people who either don’t understand things the same or can use your loose terminology as loopholes in future business dealings. No matter how insignificant it may seem, every word should be well-thought out on every document you write.
Sign What You Mean
The same goes for everything you sign your name to. Never sign anything without first reading and then maybe giving it a couple more reads if it’s more than a page or two. Never leave anything up in the air, especially when dealing with things such as contracts and other high-level business dealings. Just because you assume you’re dealing with reputable characters, doesn’t always mean you are. Protect yourself and your business above all else.
Know the Law To Avoid the Law
It really does come down to just knowing what is and isn’t legal. In many cases, doing what you feel is right is a good start, but the law doesn’t end there. It is always helpful to know what legal issues you may run into before you run into them. Thankfully, we have a wealth of knowledge at our fingertips thanks to the internet. There are many trusted sources out there that can help guide you in the right direction. The library is another great place to dig up information that may not be easily found using online sources.…