What is the difference between "business advice" and "legal advice"?

What is the difference between "business advice" and "legal advice"?

The Guild is able to offer business advice to its members, but not legal advice. 

Business advice includes, but is not limited to: reviewing members’ unsigned contracts, advising them on relevant industry standards, explaining the inner workings of theatrical business relationships, assisting in the use of the Guild’s model contracts, and advising on how to register a copyright or submit to a festival.

Legal advice involves, but is not limited to: reviewing signed contracts, explaining the rights and obligations of the parties under an agreement, as well as speaking to or negotiating with others on behalf of an individual.

While Guild lawyers can explain general legal concepts and principles, they are not permitted to provide a legal opinion as to a member’s particular rights and obligations under the law.
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