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If I only have enough money in the bank account to cover part of a cheque I have written, can the bank pay out for that amount?

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No. The bank can only pay out the full amount of the cheque, or not at all. • Isn’t it better to enter into a periodic tenancy agreement for my shop in case the business fails? That might seem like a good idea on the face of it, but remember, you tend to build up goodwill in a particular location, and if you don’t have a fixed term lease, you may be evicted with a month’s notice and lose all the goodwill you have worked to establish. • Is an assignment of a lease the same as sub-letting? No. It’s better to be able to assign a commercial lease, because sub-letting means you are still responsible to the landlord for the term of the lease. • Who owns the copyright of products developed by employees? If the work is created in the course of employment, the copyright is owned by the employer. • Is there a law that regulates franchises? Yes, the Franchising Code of Conduct was introduced in July 1998. It sets out rules in relation to disclosure, the franchise agreement, processes for dispute

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