Sometimes parties need to legally backdate a document. However, even legal backdating can have negative consequences.
Read MoreSometimes, policies also can backfire and create unintended consequences. For instance, in 2014, the Maryland legislature outlawed the sale of high-proof alcohol, only to find out that it had an impact on the violin repair business.
Read MoreBusiness relationships sometimes need “divorces.” This may occur for several reasons. There can be misconduct by a partner or a falling out among partners. Other times, an owner may want to retire, or the business model may no longer make sense.
Read MoreWolfgang Amadeus Mozart and Franz Schubert both died in Vienna while still in their thirties. Each left an unfinished work which has become a staple in the classical music repertoire. Likewise, contracting parties may leave contracts incomplete or "unfinished."
Read MoreThe study of law in the U.S. is treated more as a science than as an art. Law school requires that students learn hundreds of legal concepts, much as a musician would learn mechanically how to play an instrument. A good amount of the study of law involves memorization of rules – court rules, equitable maxims, statutes, and regulations.
Read MoreAfter stealing more than 30 tubas and sousaphones from schools during winter break, the thieves didn't hold onto the instruments for long. They found demand for used tubas among banda performers. However, business owners may find it more difficult to unload their heavy baggage as they move into the new year.
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