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Transactional law is the practice of private law relating to money, business, and commerce. [1] Areas of focus include providing legal aid to entrepreneurs through contract drafting, real estate acquisition, and intellectual property affairs. [ 2 ]
A legal transaction or transactional act (German: Rechtsgeschäft, literally ‘legal business’; Latin: negotium juridicum), under German jurisprudence, is the main type of lawful legal act (also known as an act-in-the-law, act at law, or juridical act) ‘by which legal subjects can change the legal positions of themselves or other persons intentionally’. [1]
A lawyer is a person who is qualified to offer advice about the law, draft legal documents, or represent individuals in legal matters.. The exact nature of a lawyer's work varies depending on the legal jurisdiction and the legal system, as well as the lawyer's area of practice.
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A small-town corporate lawyer in a small firm may deal in many short-term jobs such as drafting wills, divorce settlements, and real estate transactions, whereas a corporate lawyer in a large city firm may spend many months devoted to negotiating a single business transaction. Similarly, different firms may organize their subdivisions in ...
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"The Transaction Broker crafts a transaction by bringing a willing buyer and a willing seller together and provides the legal documentation of the details of the legal agreement between the same. The Transaction Broker is not a fiduciary of any party, but must abide by the law as well as professional and ethical standards."
The IRS is now playing politics with the new law, ... Individuals still may receive a 1099-K for lesser transaction totals. ... The IRS Free File service also allows filers to do this for free.