Legal Question in Business Law in Missouri
ownership
I have a friend who wants to give me 20% of a business that he own 50% of. His parner of the other 50% is in agreement to this.The agreement is I get 20% of profit w/no out of pocket and not responsable for past debts. when I complete one year of service at that time I will receave of all dealing Ineed to know where to get a contract that will hold up and protect my intrest as of right now I'm broke so I cant pay for a lawer please help
Asked on 1/27/07, 6:43 pm
1 Answer from Attorneys
Anthony DeWitt
Bartimus, Frickleton Robertson & Gorny, PC
Re: ownership
You need to see an attorney who has experience in drafting business agreements. This is not something you can do own your own. You need to pay an attorney to draft such an agreement in order to protect your legal rights.
Answered on 1/29/07, 10:13 am
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