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Business Law Articles & Legal Insights

Business Law

Minnesota Franchise Law

By Aaron Hall · September 22, 2014 · Updated November 10, 2026

Operating a franchise involves the combination of these three elements: A license to use a trade or service mark, The payment of a fee by the franchisee to the franchisor for the right to enter a …

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Business Law

Minnesota Usury Law

By Aaron Hall · September 19, 2014 · Updated September 12, 2026

Minnesota’s general usury law is codified in Minnesota Statutes Chapter 334. It sets a six percent legal rate of interest when the parties do not contract for interest in writing, and it caps contract …

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Business Law

Limited Liability Company

By Aaron Hall · September 18, 2014 · Updated July 2, 2026

Business owners are typically very good at, and excited about the business, however they may not be good at the legal issues that come with forming and owning a business. Business attorneys work with …

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Business Law

The Truth in Lending Act

By Aaron Hall · August 12, 2014 · Updated June 24, 2026

The Truth in Lending Act (TILA) was enacted on May 29, 1968, as Title I of the Consumer Credit Protection Act, and it focuses on the uniform disclosure of credit terms so that you can compare and shop …

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Business Law

Conversion

By Aaron Hall · August 12, 2014 · Updated November 13, 2026

Conversion is unlawfully taking or using someone’s property in a way that prevents the lawful owner from enjoying the full rights and benefits of ownership. This article explains conversion law in …

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