This course examines the legal constraints that apply to business organizations with an emphasis on how the law addresses the problem of the separation of ownership from control in publicly held corporations. Alternatives to the corporate form, including partnership and the limited liability company, will also be addressed, although primarily as a comparative tool for achieving a more in- depth understanding of the corporation. Topics will include fiduciary law, shareholder voting, derivative suits, executive compensation and control transactions. These issues will be most relevant to those students who plan on representing business entities in transactions or litigation, however, it is difficult to overstate the importance of a general knowledge of these topics regardless of the area of law in which one plans to practice. Materials to be announced. No background in business, accounting or finance is required.

The final exam will be a take-home exam administered through ExamSoft.

Additional Information:
Credit Hours: 3
Grading Option: Letter Grade Only
Graduation Writing Requirement: No
Flexible/Upper-Level Writing Requirement: No
Skills Requirement: No
Simulation Course: No
Experiential Learning: No
Seminar: No
Special Withdrawal Course: No
Limited Enrollment Number: 40
Final Exam Given: Yes
Final Exam Type: Take-Home
Attendance Policy: Per Statement Of Student Policies
Teaching Method: Remotely

* The law school has a policy that is used to calculate credit hours. Please see the Statement of Student Policies.