|Course #:||LAW 409|
|Area of Study:|
|Course Type:||Elective Course|
This course examines how businesses are organized in the United States and the variety of legal regulations they face. It considers the different forms of business organizations, including sole proprietorships, general and limited partnerships, limited liability companies, and the various forms of incorporated business enterprises, with the goal of establishing which form of organization is best suited for a variety of business goals. The course emphasizes the rights and obligations of the various parties in the business relationship, employees, promoters, partners, and corporate officers, directors, investors, and stockholders, as well as their attorneys. Special focus also is devoted to the question of control of closely-held corporations. These general themes are examined in the context of specific corporate issues, including executive compensation; proxy contests; basic securities fraud and insider trading; and mergers, acquisitions, and tender offers. The course also includes an introduction to basic principles of corporate finance.
Four credit hours.