In Hawaii, service providers follow specific laws pertaining to how they provide services to their clients. Contracts present legalities if the owner or their workers don’t fulfill all obligations. Customers who sustain injuries either physical or financial have just cause for a lawsuit. A Professional Liability Attorney in Kailua-Kona HI explains circumstances covered under the liability laws.
Bad Advice that Resulted in Financial Losses
Any service provider that gives bad advice could face a lawsuit if the client suffers a financial loss. Reviewing common business liabilities helps the business owner take action before a lawsuit is filed. Insurance policies cover business-related liabilities that produce financial losses for the business.
Breach of Contract
A breach of contract occurs when a business doesn’t fulfill their obligations to their client. The contract defines all the responsibilities of the company. If the workers don’t complete the project as expected, the client is within their rights to file a lawsuit. An attorney provides advice for mitigating the risk of a lawsuit award and explains suitable ways of accommodating the client’s demands.
Misuse or Infringement of Intellectual Property
Intellectual property laws apply to logos or materials used by a company or individual. Any evidence of infringement presents the owner with a viable claim against the offender. Any use of intellectual property that generates proceeds is legally actionable and presents the owner with a financial award.
Slander or Defamation of Character
Slander, libel, and defamation of character give anyone the right to seek damages if the action presented a financial loss. With the emergence of social media, the cases have increased in volume. Businesses that make derogatory statements face liabilities if a lawsuit is filed against them.
In Hawaii, service providers face liabilities every day. Common liabilities include but aren’t limited to bad financial advice, breach of contract, infringement, and defamation of character. An evaluation of common liabilities shows business owners more appropriate measures to protect their company from liabilities. Liability insurance is just the start when protecting their company more fully. Business owners who want to review the law with a Professional Liability Attorney in Kailua-Kona HI contact Goodsill Anderson Quinn & Stifel or visit the website right now.
