Business Associations

Catalog description

An analysis of the legal attributes of available business organization forms. Emphasis will be on partnerships, limited liability companies and corporations. The law of agency, as applied to each of these forms will also be emphasized. Rights, duties and liabilities of managers, owners, and agents will be examined. The course also focuses on formation issues, operational powers and fundamental changes in business forms such as dissolution, merger, or acquisition. Prerequisite(s): None. Graded.