Topic Thread:      Business Center   »   Business Law   »   Business Legal Forms

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Business Legal Forms

The heart of Capitalism comprises two basic principles:  Supply and Demand and Contractual Agreement. A business transaction occurs when Contractual Agreement is successfully employed to address a Supply and Demand issue. An implicit business contract may be as simple as money and goods changing hands, such as a purchase performed at a local shop or department store. An explicit business contract may be as simple as a handshake on an agreement for one individual to perform a service in exchange for compensation by another.

Ah, but were the world always so simple! Business Law has evolved because 1) things are not always simple, 2) a transaction is not always successful, i.e., disagreements arise, 3) not everyone is honest, 4) circumstances external to a business transaction may create no fault scenarios that demand resolution and 5) the terms fair practice and fair value have different meanings to different people, making it necessary to formulate rules of conduct. The Law” is a set of rules and codes of conduct governing societal behavior; Business Law is the subset of these rules and codes that applies to business transactions.

The complexities of Business Law are expedited by use of business legal forms. Without legal forms to act as a conduit by which business transactions can be recorded, processed and referenced, the business world as we know it would simply be unable to function. It is extremely important to utilize the proper business forms required for a specific type of transaction and to obtain those business forms from a reputable source to assure yourself that your business transaction is properly recorded and will stand up under legal scrutiny.

U.S. Legal Forms™, Inc. (USLF) is the nation’s leader in providing legal forms on the Internet. The publishing company maintains a database of more than 36,000 state-specific legal forms. USLF products are designed to assist attorneys in conducting their business more efficiently and to help consumers with common and routine legal needs. USLF is a privately held Subchapter-S Corporation.

Attorneys Frank D. Edens and Lem Adams, III, incorporated USLF in August of 1999. Company President and CEO Frank D. Edens developed the USLF concept based upon early successes the founders had with Internet ventures geared toward the legal profession. USLF strives to maintain the most accurate and varied database of legal forms on the Internet. The USLF website enables users to preview legal forms and descriptions before they buy. This feature allows users to be assured they are choosing the legal form best suited for their individual needs.

Once a legal form is selected, customers can download it online or have it mailed to them. The website also boasts a law bookstore, handbooks and guides, as well as popular form packages, including Name Change, Divorce, Bankruptcy and many more. USLF prides itself in maintaining the highest level of customer service. Their 100% money back guarantee exceeds the industry standard.

Authored by Kenneth L. Anderson.  Original article published 9 January 2004, updated 27 July 2005. Information relating to U.S. Legal Forms™, Inc., used with permission.

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