A commercial document that can be free traded between individuals is generally considered negotiable or known as a negotiable instrument. This video explains what is a negotiable instrument? What are the requirements for a commercial...

Need Motivate Consumer Decisions

A monarchy is a form of government in which a person, the monarch, is head of state for life or until abdication. The political legitimacy and authority of the monarch may vary from restricted and largely symbolic, to fully autocratic,...

Registration Requirements Under State Law

What is a Business Exit Event? How is a Public Offering a business exit event? An Exit Event is an event where founders and early investors can sell their interest in a company for cash. An exit can be an initial public offering (IPO) or...

What are Protective Provisions in a Term Sheet? Protective provisions are terms that allow preferred shareholders to veto or block specific corporate actions. Protective provisions can help protect the interests of minority shareholders...

This Video Explains Property Law Intro

What are Promissory Notes? A promissory note, sometimes referred to as a note payable, is a legal instrument, in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future...

In this video, we discuss the major federal acts that regulate the labeling and disclosure requirements for consumer products in the United States. These acts are enforced by various administrative agencies such as the FTC, Consumer...

Owners of many businesses are protected from personal liability for the debts of the business. That is, the owner has limited personal liabilities. There is a method, however, to hold the owner liable under a process known as piercing...

Personal Reputation and Job Promotion

the interaction or cooperation of two or more organizations, substances, or other agents to produce a combined effect greater than the sum of their separate effects.

Special Priority Rules for Proceeds from Sale of Collateral

Dr. Kyle Huff explains what is Span of Control

This Video Explains Sources of Power in a Negotiation

The video is a brief explanation of shareholder voting rights. The speaker explains that common stock shareholders generally have equal voting rights, but these can be modified by individual shareholders. The articles of incorporation...

Securities Law (Intro)

Securities Issuances Regulated by State Law

Sales contracts and lease contract frequently contain warranty provisions that assure either party that the statements or representations made in the agreement will remain true into the future. Some common warranties are that the product...

Revoking an Offer

Retrenchment is a strategy that some organizations use to prevent further profit losses.

In economics, vertical integration is the term used to describe a business strategy in which a company takes ownership of two or more key stages of its supply chain.

Activity-based costing identifies numerous categories or types of activity to which costs are allocated. This video explains the the types of activities employed in activity-based costing.

What is the Value Streaming Map? Value stream mapping is a technique — developed from Lean manufacturing — that organizations use to create a visual guide of all the components necessary to deliver a product or service, with the goal of...