Legal Issues Common to Pennsylvania Businesses
Commercial law governs all aspects of business, including marketing, transactions, collections, and business organization. Particular ordinances and legal principles unique to Pennsylvania govern the application of law to businesses. In Pennsylvania, Commercial law is complex, and it includes principles that are extremely different from those that apply to individuals.
Pennsylvania is one of America's oldest states, being only the second state to join the Union. Formally known as The Commonwealth of Pennsylvania, the area was settled as early as the 1630's. With 253 members in its legislature, Pennsylvania has the second largest legislature in the nation. Pennsylvania is named after its founder, William Penn.
Education has always been a focal point of Pennsylvania life. The state is home to a large number of nationally recognized universities. Some of these have law schools associated with them, such as the law schools at Penn State University, Temple University, and the University of Pittsburgh. A significant number of Pennsylvania Supreme Court cases have also involved education, including Abington v. Shempp (1963) and Lemon v. Kurtzman (1971).
Pennsylvania's court system is called the "Unified Judicial System of Pennsylvania". At the basic level are the Courts of Common Pleas, which are organized into 60 different judicial districts. Appeals are heard either at the Superior Court or at the Commonwealth Court. The Pennsylvania state Supreme Court also hears appeals and other matters of a more complex nature. There are also minor municipal courts with limited jurisdiction beneath the Courts of Common Pleas.
Pennsylvania lawyers are skilled at handling legal claims of all types. Lawyers in Pennsylvania participate in continuing legal education and various programs in order to refine their skills. An experienced Pennsylvania attorney can assist you with any legal disputes or inquiries you might have.
The Law of Transactions in Pennsylvania
In daily operating activities, a usual business buys and sells often. Some of these transactions are bound to pose problems. Contracts in Pennsylvania often require legal action to enforce, whether the contracts are formed with consumers or other businesses. It is ideal to plan beforehand through contracts and purchase agreements. But for these documents to be of legal effect, they must be drafted according to Pennsylvania law. Federal and Pennsylvania law also include provisions that apply to investing activities and securities exchanges conducted by corporations. These laws become important once business starts investing in the capital markets.
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Business Organization and the Law
Pennsylvania law outlines the options a business has in deciding its structure and organization. Businesses organized as corporations have many benefits, but the company must follow Pennsylvania law in order to incorporate. Considering the options carefully will ensure that the business is not exposed to tax liability that it could have otherwise avoided. Picking the right business structure can be difficult. A Pennsylvania lawyer can give personalized advice for your individual situation.