Legal Question in Business Law in Florida

Business Liablility and Contracts

My boss is closing down his shop and opening another one. He is not an American Citizen. I am, and he wants me to sign on the corporation contract with him. He says i don't have to put forth any money and I will sign a waiver that rids me of all liability. He just needs my name on there for the citizenship. He also said he will pay me 500 dollars a month for being on the contract with him. Is this in any way possible. Can i sign a legal contract and a waiver that gives me part in a company that does not affect my credit and will have me as not responsible if anything legal or bankruptcy should occur?

I need a prompt answer, thank you.


Asked on 11/28/07, 1:51 pm

1 Answer from Attorneys
Brandon Kolb Kolb, Cintron, & Associates

Re: Business Liablility and Contracts

This response is intended for informational and educational purposes only. Sound legal advice can only be given after a full review of your case and all surrounding issues.

You should proceed with caution, and have an attorney review everything before you become involved in this company. It is a very bad idea to take any action that could be construed as fraud. This may not actually be a case of fraud, but you should be very careful.

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Answered on 12/04/07, 2:09 pm


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