There is an old business expression in the U.S. that says, “an educated consumer is our best customer.” In the U.S., it is essential that a business person consult an attorney on the business laws and the legal issues which are implicated in any business plan. An attorney can most effectively advise the business when the business person has some knowledge of the laws and legal issues and can at least ask meaningful questions. We present the framework of U.S. business laws as well as the most immediate legal issues, which the foreign business person must consider when formulating a plan to do business in the U.S. A basic understanding of the laws and legal issues will enable the foreign business person to work effectively with attorneys and other advisors.
No single publication can or should provide a complete presentation of the legal aspects of doing business in the U.S. More importantly, no print publication can present U.S. business laws in a timely manner because the laws and practices often change. We have placed this publication on our website (http://www.hastingscommentaries.com) rather than publishing it in hard copy. The electronic format enables us to modify and update this publication. Consequently, there is no limit on the number of pages or how often we can modify and update this publication.