Legal Question in Business Law in California

Can I volunteerily teach someone something for money without a degree or license. Outside of school. Teaching subject would be finance.


Asked on 5/22/10, 7:08 pm

2 Answers from Attorneys
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Generally, yes. However, I can't give your idea a clean bill of health without more information, because your description is extremely sketchy. "Teaching finance" could, for example, include some activity that would fall into the category of "giving investment advice" in the view of a district attorney or the attorney general. In starting any business that might be regulated or licensed, the entrepreneur should make a full and frank disclosure to an attorney that is qualified to understand and evaluate the entire business concept.

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Answered on 5/25/10, 12:30 pm
Kevin B. Murphy Franchise Foundations, APC

As the other other mentioned, yes, unless the subject of finance strays into "giving investment advice" which is a regulated activity. Consult with a local attorney in your area to discuss the course curriculum.

Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise

Franchise Attorney

Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise

Franchise Attorney

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Answered on 5/26/10, 6:17 am


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