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Monthly Archives: December 2011

Now you’re a director

Dear Mary, I read your article a month ago about being on a board, and after careful consideration, I have agreed to be on a company’s board of directors. What do I need to do now? Corporate directors’ fiduciary responsibilities include due care, diligence and prudence. Fulfilling your obligations as a director begins with getting a […]

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When to provide a warranty and when not to

Dear Mary, I am in the process of developing and marketing a very exciting product, which will become a common household item. Should I put a written warranty on the product? Are there different kinds of warranties? There are three types of warranties: express, implied and statutory. All warranties relate to the character, quality, identity, condition […]

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