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Is it legal for a majority owner of the family business to invest in a competitor because the competitor would sign a 5-year contract to buy products from you?

By Nina Kaufman

Opinions expressed by Entrepreneur contributors are their own.

Nina L. Kaufman, Esq. is an award-winning New York City attorney, edutainer and author. Under her Ask The Business Lawyer brand, she reaches thousands of entrepreneurs and small business owners with her legal services, professional speaking, information products, and LexAppeal weekly ezine. She also writes the Making It Legal blog.

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