Sometimes, 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 More“One size fits all” doesn’t apply to musical endings, and it doesn't apply to deeds either. Several types of deeds may be used to convey real estate.
Read More“Smart” technologies are being implemented into real estate operations. Cameras which previously were monitored by closed circuit TV now may be streamed into web storage. These cameras can recognize faces and may unlock doors for known individuals. But some cameras also place property owners at risk of wiretapping violations.
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 MoreString players may rehair their bows several times a year, because the type, quality, length, and condition of the bow hair impact the sound a violin produces. Sometimes contracts must be amended to replace the original contract language.
Read MoreDespite the bridge’s conspicuous position on the top of the violin and its importance to the sound produced, non-violinists aren’t likely to give it a second glance. The same is true of successors and assigns clauses in contracts. The language isn’t hidden; yet, contracting parties may not even read them before signing the contract.
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 MoreIn 2015, the US Securities and Exchange Commission (SEC) adopted what has become known as Regulation A+. Like transposing instruments, Regulation A+ was designed to make it easier for small businesses to raise new capital. Yet, just as an A played on alto clarinet sounds like a G, Regulation A+ doesn’t provide an A+ solution for all businesses or issuers.
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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