A conflict of interest arises whenever a person has two conflicting interests, and one of them benefits themselves. For example, if a board member is voting on whether or not the nonprofit should hire …
What is a Registered Agent?
A registered agent is the party responsible for accepting service on behalf of a company. If you have a registered entity in NC, you have to designate one for your company. Primarily, we're talking …
Levels of Trademark Names
The strength of your trademark depends on the levels of trademark names category yours falls into. The levels range from generic and descriptive to fanciful. The more fanciful or unique your name is, …
Nondisclosure Agreements
Business owners often use nondisclosure agreements to protect their trade secrets. Often times, people call these NDAs or confidentiality agreements. Although they go by many names, they're for …
Difference Between a Nonprofit and a Charity
There is a difference between a nonprofit and a charity. If you're in the nonprofit field, you need to know the difference. What is a Nonprofit? In North Carolina, a nonprofit is any corporation …
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Duty of Care
A Duty of Care is a legal duty that essentially means the an officer or director has to act reasonably careful when acting on behalf of the organization. However, it's a lot deeper than that. The Duty …