Legal Questions Answered: Personal Guarantees, Contracts, and More

QuestionAnswer
What is a personal guarantee on a business loan?A personal guarantee on a business loan is a legal promise made by an individual to be personally responsible for the repayment of the loan if the business is unable to repay it. You can learn more about it here.
Can an oral contract be legally binding?Yes, oral contracts can be legally binding. There are several important legal insights and examples of oral contracts which you can find here.
What is the legal age to fly alone in Canada?The legal age to fly alone in Canada is an important consideration for many parents and young travelers. You can find everything you need to know about it here.
Are there specific rules to be followed in a computer lab?Yes, there are specific rules and guidelines for safe and proper usage of computer labs. You can find out more about them here.
What are the new gun laws in Virginia for 2022?There are significant changes in the gun laws in Virginia for 2022. Find out everything you need to know about them here.
What are the US visa waiver requirements?The US visa waiver program has specific requirements that travelers need to meet. Find out everything you need to know about them here.
What is a sperm donor agreement template in Canada and is it legally valid?Sperm donor agreements in Canada are legally valid and there are specific templates for them. Find out more about the legal guidance and templates for sperm donor agreements in Canada here.
Is there a specific legal memorandum writing guide for legal professionals?Legal memorandum writing is essential for lawyers and legal professionals. You can find an essential writing guide for legal memorandum here.
What are the rules for reimbursement of expenses for independent contractors?Reimbursement of expenses for independent contractors has specific legal considerations. Find a legal guide on the topic here.
What is an option agreement to purchase shares and how does it work?An option agreement to purchase shares involves legal share purchase options. Find out more about it here.