Legitimate businesses need to be concerned with the possibility of money laundering, as it can present a major risk to the company, both... Read more»
According to the Fair Credit Reporting Act [1], credit checks can only be conducted for
legitimate business needs such as credit transactions, account review or underwriting of insurance.
The application of
legitimate business need opens the door for many circumstances explored in more detail below.
Banks can pull your credit report or score when opening a savings account because they have
a legitimate business need.
Your credit record may not be given to anyone who does not have
a legitimate business need for it.
The law states that one must have been given permission by you, a «
legitimate business need» or «permissible purpose» for viewing your credit report.
Other individuals or companies that have
a legitimate business need for the information in connection with a business transaction initiated by you.
In such cases, the recipient must have
a legitimate business need for the information and must be subject to a duty to keep the information confidential.
The Fair Credit Reporting Act (or FCRA) and some state laws attempt to restrict who can access your credit report and how that information can be used, but generally speaking, any business you seek credit from or anyone who has
legitimate business need, can request to see your report.
It may be that these business partners find that
the legitimate business need to enter into a marital agreement may «open the door» for that difficult conversation with their partner to deal with all their assets which they may be entirely grateful for.
(The idea is that corporations can only hold onto cash for
legitimate business needs like business growth, not simply for tax avoidance.)
And finally, if you're an employer who permits incidental personal use of your computer system, be careful about relying on the once successful «I own the medium» argument and reserve all the audit, inspection and investigation rights you need to meet
your legitimate business needs by way of a clear and well - implemented computer use policy.
I note that the nature of this inquiry increases the likelihood that individuals who are dismissed as a result of a change to their position (motivated, for example, by
legitimate business needs rather than by concerns about performance) will be required to mitigate by returning to the same employer more often than those employees who are terminated for some other reason.
All of which brings us to the employer with
legitimate business needs to hire a temporary foreign worker.
Courts and legislatures trying to keep up with the fast - morphing modern workplace, balance employees» expectation of privacy at work against boss»
legitimate business needs to monitor workers.
If you do not have
a legitimate business need for the personally identifying information — then don't collect it.
Know which employees / agents have access to personal information, and make sure anyone with access has a «
legitimate business need» for the data.
According to the court, this conversation constituted a «business transaction» under FCRA and created a «
legitimate business need» to obtain the credit reports.
However, the court looked to the Federal Trade Commission's Statements of General Policy or Interpretation, which states that the term «
legitimate business need» includes «real estate agents who obtain consumer reports to assist owners of residential properties in screening consumers as tenants.»
Instagram's TOS for developers protects users from really skeevy activity (like spamming / harassing) but what about perfectly
legitimate business needs, like marketing?
Not exact matches
In my view, the deft policy action required here is to try to accommodate the
legitimate needs of corner - shop small
businesses without helping multi-millionaires further reduce their taxes.
Are you in
need of
legitimate work from home
business ideas and opportunities you can start?
At a
legitimate business, workers should be able to tell you everything you
need to know about where a mattress comes from and how it was made.
If leave time were limited to grievances and labor / managment issues (both of which are unquestionably state
business), it would be a major reform, without hurting
legitimate representation
needs.
Last, it would respond better to the
need to balance the
legitimate rights of
businesses to be free from activities designed directly to obstruct its trade and the rights we all have to persuade employees, suppliers and customers not to buy from, sell to or work for that company.
She stated that the Region has become the home for GNPC's highly tech - based activities and thus
need to invest in the development of local capacity to ensure that the indigenes also earn a
legitimate stake in Ghana's oil and gas extractive
business.
You have to have a
legitimate used car
business, you have to understand the customer
needs that are different than what they are for the Ferrari owner.
This is a completely
legitimate business, meeting a
need for the supply chain.
However, if you're ordering bulk shipments of your paperbacks to sell at conventions and book signings, then the proper tax paperwork
needs to be submitted to your state's revenue department — and at that point, consider establishing your authorship as a
legitimate business.
Credit inquiries People or companies who have requested your credit report over the past two years and the date they requested it (
businesses need a
legitimate reason to access your report).
However, I will warn you, this will make you a
legitimate business and you will
need to report your income to the IRS (you should have been all along anyway though).
However, there is an exception which debt collectors can use which is if a
business as a
legitimate need to access your credit report.
Good day Loan Seekers here comes a Solution for your financial problems, I Am Mr. Anthony Lucas a
legitimate loan lender that offer loan to the less financial privilege bad credit scores accepted have you been looking for a loan for any purpose do you
need a loan to start a
business here comes the end of your financial problems our terms and conditions are very simple and the interest rate are considerable we give loans out with a low interest rate of 2 %.
«By providing
business owners and employees with the key information they
need to properly serve those who have served our country and those who
need our help and understanding, we hope to improve access for those with
legitimate service dogs and reduce the possibility of public confrontation.»
Any
business with a
legitimate need to review your credit can access it without your authorization.
I personally use Amazon Payments for
legitimate personal and
business spending
needs.
During parts of the Wii and Wii U era, any indie team that wanted to create a game for the consoles
needed to have a permanent physical
business office in order to be considered as a
legitimate developer by Nintendo, and restrictions put on indie teams meant that plenty of high quality titles never made it to the company's platforms.
Yet if cannabis is destined to become a
legitimate billion - dollar
business, it seems like standards for making it earth friendlier are direly
needed.
Legitimate agrochemical
businesses need to ensure customers can clearly recognize the legal products.
Against a backdrop as complex and shifting as this, UK companies may
need to establish a clothing policy which is consistent, practical and easy to defend on the basis of it being a proportionate and
legitimate means of achieving a
legitimate business aim or a genuine occupational requirement.
The GDPR provides several other
legitimate reasons for processing personal data — but when these don't apply, and
businesses can only process based on consent, they'll
need to review how this is obtained.
However, certain details
need not be disclosed where disclosure would hinder application of the law, would be contrary to the public interest or would harm the
legitimate business interests of public or private undertakings or could distort fair competition between those undertakings.
Reform is
needed to protect job - creating
businesses from lawsuit abuse and to ensure that
legitimate victims receive the compensation they deserve.
Since incorporating makes your
business formal and
legitimate, you'll
need to take the precautionary steps to stay compliant with the law (e.g., double - entry accounting).
My argument was that allowing paralegals in Ontario and allowing alternative
business structures in Australia and England has not solved the unmet legal
needs problem and that a
legitimate goal does not justify change if the change does not advance the goal.
Visitor information is not disclosed to anyone except OnPoint Legal Research personnel who
need the information for
legitimate business purposes such as responding to a request.
«This legislation has quite a broad scope and it will capture many regular
business operations by
legitimate operators, so in - house counsel are starting to realize that this imposes additional requirements that they're going to
need to take into account.»
The general trend in recent cases is a growing
need to recognize the
need to protect employee's privacy, and an employer will only be justified in interfering with this or implementing discipline where a
legitimate business interest is affected.
The simple rule is that the onus will be on the
business owner to prove a
need to keep some of these profits in for
legitimate business reasons such as a hedge for bad times, money
needed for expansion or replacement of equipment, banking covenants or shareholder agreement obligations amongst others.
Businesses with
legitimate need for correct driving record information to prevent fraud; recover debt; or pursue legal actions.