OpenLegal Articles

What is a Sweat Equity Agreement?
A sweat equity agreement (SEA) is a contract between a business and another party who is performing services for the business. Under a SEA, the other party receives equity inRead More

How Do I Set Up a Charity?
The decision to set up a charity can be extremely rewarding, and running a charity is a great way of giving back to your community by supporting a cause closeRead More

What Is The Difference Between Secured And Unsecured Loans?
When taking out a loan, it can either be secured or unsecured. In essence, the difference lies in the nature of the security that the lender requires. This article willRead More

How Does The Madrid Protocol Work?
In 1991, the World Intellectual Property Organisation (WIPO) designed, and began operating, the Madrid Protocol. In essence, the protocol allows global businesses to obtain trade mark protection using a singleRead More

What is a Vendor Finance Agreement?
How does a vendor finance agreement work and why would you use one?

What Is An Endorsement Agreement?
An endorsement agreement is a contract between a business and a public figure who is paid to endorse the business’s brand. Such a figure may be a celebrity, athlete, socialRead More

What is a Shipping Policy?
A shipping policy is a living document that outlines important information about the shipping process for your online business. Legally your business does not need a shipping policy to sellRead More