In December, I'll submit this article to a law journal:
Abstract
This article highlights a team project for Entrepreneurship students,
focusing on the most common mistakes that people make in the formation of a
business, without legal counsel. In the assignment, four hypothetical
business partners are full-time students, with only $500 for initial legal
costs. Students are instructed to
allocate these funds; assess personal and company risk levels; draft a
Shareholder agreement entailing different roles and capital contributions; and
write a Work for Hire agreement with a clause conferring intellectual property
ownership.
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