Partnerships / Business Types

PROPRIETORSHIP, PARTNERSHIP,AND INCORPORATION MEMORANDUM LEGAL FORMS OF BUSINESS ORGANIZATIONS There are three basic ways in which a business organization can exist, namely a sole proprietorship, a partnership, and a corporation. A…

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Incorporation

INCORPORATIONMEMORANDUM ADVANTAGES OF INCORPORATION There are many advantages of incorporating and all the advantages cannot be set out in this short memorandum. The most important advantage is the limitation of…

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Franchise Agreement

FRANCHISE AGREEMENTMEMORANDUM General A large amount of retail trade in Canada is now conducted through franchise organizations. A franchise permits you to acquire the know how of an experienced franchisor…

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Employment Agreement

EMPLOYMENT AGREEMENT MEMORANDUM RE: Employment Agreement Written employment contracts are not common except for the employees at the higher management levels. When an agreement is prepared the agreement binds the…

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Charitable Organizations

CHARITABLE ORGANIZATIONMEMORANDUM ADVANTAGES OF INCORPORATION Incorporation creates a new legal person and after it has been done the corporation alone is responsible for the liabilities. This avoids personal liabilities of…

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Annual Minutes

ANNUAL MINUTESMEMORANDUM Annual MeetingThe Ontario Companies are now governed by the 1982 Business Corporations Act.Under The Business Corporations Act, a corporation is required to hold a meeting of the shareholders…

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