Orange County Corporate Law Information In General. Do you need the assistance of a business lawyer for a corporate transactional matter such as the formation of a corporation, LLP, or LLC?

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Corporations Law. Information regarding Corporate legal principles and corporate practices in Orange County southern California.

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Contract - Quasi Contract. In Formation: Offer Intent to create the power of acceptance Intent to create the power of acceptance.

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Formation of Corporations Do you need the assistance of an Orange County lawyer with forming a business corporation, drafting bylaws, preparing corporate resolutions, or minutes? Our Orange County corporate lawyer can help you with your business law needs such as forming or disolving a corporation, LLC's, or LLP's. Moreover, we can assist you with all your contract law related issues including drafting Partnership Agreements, Operating Agreements and contracts for the sale of goods or services.

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Corporate Board of Directors

The corporation’s Board of Directors oversee the implementation of the corporation’s business purposes. The Board selects the Officers who will manage the corporation. The Board has fiduciary duties to act in the best interests of the corporation, and to put the interests of the corporation above their own. They must not create or become involved in conflicts of interest,such as, for example, selling real property they own to the corporation without full disclosure of the terms involved, or, usurping a corporate opportunity to invest in a business related to the corporation’s business purpose. Any such act can create personal liability for breach of fiduciary duty in that Board member. corporation’s business purpose. Any such act can create personal liability for breach of fiduciary duty in that Board member.





Termination of Offer

Termination of Offer Lapse-contract time reasonable time Death of offeror Withdrawl-must arrive before offer Revocation-effective on receipt All offers revocable except: Option contracts Common law consideration UCC-merchants no consideration (firm offer) signed 3 months max Partial performance of unilateral contract Detrimental reliance.

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