Business Organizations (2010)

This course provides the student with an introduction to relevant concepts in the selection of form of business enterprise. General principles of agency are covered, as well as those of partnership and limited liability companies. The bulk of the course deals with principles of corporate law, specifically, the formation of the corporation; the concept of limited liability; the rights and duties of the corporate actors (shareholders, directors and officers); shareholder oppression; remedies available to aggrieved parties. Much of the curriculum focuses on issues related to closely held corporations. To a lesser extent, the student will be familiarized with some of the more complex problems facing publicly owned companies, such as capital formation, securities regulation, takeovers, and corporate control problems. Extensive treatment of these latter issues, however, is left for the more advanced courses in corporate law.

Course Details

  • Credits: 4