Question

CraftCo is a manufacturer's rep who represents the product lines of several manufacturers. Stewart has worked with his brother, Douglas, in their two-person firm for almost five years. They have no written contract, but they split the profits. Stewart would like to create a business organization and put their arrangement in a written contract. Which sources of law will Stewart need to help him do this?

Answer 1

The source of law which can help Stewart to do this is COMPANY LAW.
Company law is the field of law which deals with how business organizations are formed. Company law deals with the formation of different types of business organizations. The law applies to the rights, relations and conduct of persons involved in the business.