Legal Question in Business Law in Florida
can a 17 year old start her business without an adults supervision .She is quite capable to do it.But are there any legal avenues she must tackle before this can happen??
Asked on 11/04/10, 8:05 am
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
Any business or franchise attorney will say the biggest hurdle your teenager faces is being a minor. She lacks capacity to enter into any legal contracts. You should position yourself in her business so you can open bank accounts, sign contracts on behalf of the business, etc. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Attorney
Franchise Foundations APC
Answered on 11/09/10, 8:27 am
Related Questions & Answers
-
The stockholders agreed to sell our corporation. The payments were to go to a... Asked 11/04/10, 7:39 am in United States Florida Business Law
-
How can I make active a Florida company that went inactive due to lack of annual... Asked 11/02/10, 11:13 am in United States Florida Business Law
-
Can a business contact my employer for an issue unrealted to my employment? I told a... Asked 11/02/10, 9:39 am in United States Florida Business Law
-
I was laid off and given a severance package, it included health ins which I paid... Asked 11/01/10, 2:44 pm in United States Florida Business Law
-
Hello, I run a small company and one of my customer has not paid me, therefore I... Asked 10/29/10, 10:48 am in United States Florida Business Law