In short, you will need to
clearly document transactions anytime you accept money during a capital raise.
Not exact matches
«She prepared and acted upon fake
documents in support of other
clearly fraudulent
transactions,» a Law society hearing
document states.
You should still treat the process like a serious business
transaction and be certain to
clearly document and legally record any loan that is made as it may be important not only to hold you accountable and not ruin a relationship, but also for legal reasons, especially if the loan is to purchase a home.
A business contract lawyer can help assess a proposed
transaction, and craft a
document that
clearly defines the relationship and intentions of the parties.
All timekeeping, fees,
transactions, and payment details should be
clearly documented to avoid any conflict.
Ideally, your office should have
clearly established internal controls for handling and
documenting all types of financial
transactions.
Do not sign any
document unless you
clearly understand its meaning and its effect on your
transaction.