Business Liablility and Contracts
My boss is closing down his shop and opening another one. He is not an American Citizen. I am, and he wants me to sign on the corporation contract with him. He says i don't have to put forth any money and I will sign a waiver that rids me of all liability. He just needs my name on there for the citizenship. He also said he will pay me 500 dollars a month for being on the contract with him. Is this in any way possible. Can i sign a legal contract and a waiver that gives me part in a company that does not affect my credit and will have me as not responsible if anything legal or bankruptcy should occur?
I need a prompt answer, thank you.
Re: Business Liablility and Contracts
This response is intended for informational and educational purposes only. Sound legal advice can only be given after a full review of your case and all surrounding issues.
You should proceed with caution, and have an attorney review everything before you become involved in this company. It is a very bad idea to take any action that could be construed as fraud. This may not actually be a case of fraud, but you should be very careful.
