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LEGAL & REGULATORY ENVIRONMENT FOR BUSINESS IN THE U.S.A.

LEGAL & REGULATORY ENVIRONMENT FOR BUSINESS IN THE U.S.A. Forms of Legal Entities. Corporation – The Model Business Corporation Act (MBCA) General & Limited Partnerships – The Uniform Partnership Act (UPA) & the Uniform Limited Partnership Act (ULPA) Limited Liability Companies (LLCs)

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LEGAL & REGULATORY ENVIRONMENT FOR BUSINESS IN THE U.S.A.

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  1. LEGAL & REGULATORY ENVIRONMENTFOR BUSINESS IN THE U.S.A.

  2. Forms of Legal Entities • Corporation – The Model Business Corporation Act (MBCA) • General & Limited Partnerships – The Uniform Partnership Act (UPA) & the Uniform Limited Partnership Act (ULPA) • Limited Liability Companies (LLCs) • Joint Ventures • Foreign Company Branches

  3. Company Forum Selection • Delaware Corporation Law

  4. Trade Finance & Political Risk Coverage • Private Sector Banks – Credit Lines • The Small Business Administration (SBA, www.sba.gov) • Export – Import Bank (EX-IM Bank, www.exim.gov) • Overseas Political Risk Corporation (OPIC, www.opic.gov)

  5. Franchising • Definition – Types of Franchises: • Product distribution franchises • Business format franchises • Single & multi – unit franchises • Master franchise

  6. Franchising (continue) • Legal Documents: • Franchise Disclosure Document (FDD) • Federal Trade Commission (FTC) • Franchise Rule mandating pre-sale disclosure • The Franchise Agreement • International Franchise Association (IFA, www.franchise.org)

  7. Licensing • Types of Licensing • Licensing Agreement

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