Legally Sound | Smart Business

The guys kick off the year by discussing the lengths a college QB has to go through to prevent profitingfrom his name or likeness and remain eligible with the NCAA. They also answer, "I purchased a business and did not realize that there are all these gift certificates out there (I don't know exactly how many) that customers keep coming in with. Since I had no knowledge of these certificates, do I have to honor them?" Full Podcast Transcript NASIR: All right. Welcome to our podcast where we cover business in the news and answer some of your business legal questions that you, the listener, can send in to ask@legallysoundsmartbusiness.com. Welcome to our first new episode of 2015. My name is Nasir Pasha. MATT: And I’m Matt Staub. NASIR: We’re recording this in 2014 but I think the most frustrating thing is just getting the dates right on these contracts. We get to make sure we put in 2015 instead of 2014. MATT: Yeah, that’s the biggest challenge. I don’t want to change any words – just the date; just the y