Power of Attorney vs. Proxy Letter
I would like to knwo what the difference is between these two terms. I am translating a document in which a person must submit a power of attorney or (I think) a proxy letter. The terms in the foregin language both seem to mean power of attorney. It would be helpful to know the difference so that I can apply this knowledge to my translation.
Employees gives 2 week notice to quit but decides not to complete his obligation quits immediately can we hold his last check legally
misleading affidavid, it is sufficient grounds to cancel sales contract
If seller of a business signs an affidavit of no creditors and turns out to be misleading, is it sufficient grounds for buyer to cancel escrow and sales contract.
What if in the affidavit there is an indemnification.
Indemnification. If, contrary to no security interest, no creditors, no claims as stated of this affidavit, there are any security interests or other liens, debts, liabilities or claims, Seller and the signer of this affidavit will remove the encumbrances, pay the debts, liabilities or claims, and protect Buyer from any loss or liability.
Small Claims Suit + Counterclaim re: Breach of Contract
I’m disabled & was the Plaintiff in a Bench Trial Dec. 2. I was seeking damages against a Defendant for Breach of Contract re: Sale of my business to him for $12K. He signed a Promissory Note stating he was responsible for all payments on a 2004 Explorer as compensation for sale of biz. He defaulted a # of times and destroyed my credit since I had to co-sign the note. The Judge ruled ”that since the action was brought the Defendant has omitted payments altogether and is certainly in breach of contract. Under the contract the P. is entitled to be paid the balance needed to pay off the vehicle. Based upon the evidence before me I am not persuaded as to the balance due(1)”. My Law. failed to prove amount due(Malpractice?)but the (1)
notation after the Judge’s ruling states: ”Neither is this decision decisive of the future right
of any party for contributions or indemnity for payments made”. The
D. stopped making payments in Aug
08 & I’ve been making them since
so I’m suing for all payments I’ve made. In the Bench Trial the Judgement was for me, the P., but I only received nominal damages of $1.00 thanks to my Attorney. The Answer & Countercl. reflect what was already adjudicated. I’m being c-sued for $2K + face repo! PLEASEHELP
non for profit incorporation
Should I include in my Articles of Incorporation an Indemnity Agreement and Covenent Not to Sue. Or is it automatically included by NYS law?