Why is having a signed document in writing a good legal strategy when friends go into business together? Do you think it would be easy to miss or disregard having signed documents as a college student?

Buss. Law Discussion

Read “Legal Strategy 101” regarding “Should Friends be Business Partners?”

Discuss the following questions:

1. Why is having a signed document in writing a good legal strategy when friends go into business together?

2. Do you think it would be easy to miss or disregard having signed documents as a college student? Why or why not?

3. What should be in the document governing the business? Feel free to specify an entity type and get particular or keep it general.

Should friends ever go into business together?

Why is having a signed document in writing a good legal strategy when friends go into business together? Do you think it would be easy to miss or disregard having signed documents as a college student?
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