Details

Business Associations (3-credits)

This course provides an introduction to the law that governs business associations. The course begins with the law of agency and fiduciary duties, which provides the backdrop for discussion of partnerships and then corporations. (Limited liability corporations, limited liability partnerships, and the closely held corporation fit somewhere in between.) After a discussion of partnerships, we will move on to the large, publicly traded corporation. We will explore limited liability, the ultra vires doctrine, and problems of incorporation, which when taken together might loosely be considered "the corporation and its dealings with outsiders." Then we will explore board structure, shareholder voting rules, the fiduciary duties of managers, corporate control transactions (including takeovers), and the basics of securities exchange market integrity, which when taken together might loosely be considered "the corporation and the regulation of insiders." The class is designed to provide students with a foundation in the common law and state statutory systems that regulate business organizations as well as the important issues of policy that surround this regulation. Although the course touches briefly on the federal regulation of securities exchanges, there will be no discussion of the federal regulation of securities. The course is particularly appropriate for students who intend to take related classes, such as securities regulation, corporate finance, corporate tax, and more specialized offerings. Students who have taken Corporations may not take Business Associations. Texts: Evaluation: Examination Teaching Method: Lecture and discussion


Catalog Number: BUSCOM 601S
Practice Areas: Business, Corporate,Trans AreaCommercial Practice Area
Additional Course Information: Open to First Year Students ,  Required for Business Concentrion


Course History

Spring 2014
Title: Business Associations (3-credits)
Faculty: Silver, Carole (courses  |  homepage)
Section: 1     Credits: 3.0
Capacity: 65     Actual: 65



Spring 2014
Title: Business Associations (3-credits)
Faculty: Litvak, Katherine (courses  |  homepage)
Section: 2     Credits: 3.0
Capacity: 65     Actual: 52



Fall 2013
Title: Business Associations (3-credits)
Faculty: Litvak, Katherine (courses  |  homepage)
Section: 1     Credits: 3.0
Capacity: 65     Actual: 65



Fall 2013
Title: Business Associations (3-credits)
Faculty: Lutz, Karl E. (courses  |  homepage)
Section: 2     Credits: 3.0
Capacity: 65     Actual: 64



Summer 2013
Title: Business Associations (3-credits)
Faculty: Lutz, Karl E. (courses  |  homepage)
Section: 1     Credits: 3.0
Capacity: 65     Actual: 37



Spring 2013
Title: Business Associations (3-credits)
Faculty: Eigen, Zev (courses  |  homepage)
Section: 1     Credits: 3.0
Capacity: 65     Actual: 0



Spring 2013
Title: Business Associations (3-credits)
Faculty: Litvak, Katherine (courses  |  homepage)
Section: 2     Credits: 3.0
Capacity: 65     Actual: 0



Fall 2012
Title: Business Associations (3-credits)
Faculty: Litvak, Katherine (courses  |  homepage)
Section: 1     Credits: 3.0
Capacity: 65     Actual: 53



Fall 2012
Title: Business Associations (3-credits)
Faculty: Lutz, Karl E. (courses  |  homepage)
Section: 2     Credits: 3.0
Capacity: 65     Actual: 65



Summer 2012
Title: Business Associations (3-credits)
Faculty: Reed, Stephen F. (courses  |  homepage)
Section: 1     Credits: 3.0
Capacity: 65     Actual: 42



Spring 2012
Title: Business Associations
Faculty: Litvak, Katherine (courses  |  homepage)
Section: 1     Type: Lecture     Credits: 3.0
Capacity: 65     Actual: 0



Spring 2012
Title: Business Associations
Faculty: Reed, Stephen F. (courses  |  homepage)
Section: 2     Type: Lecture     Credits: 3.0
Capacity: 65     Actual: 0



Fall 2011
Title: Business Associations
Faculty: Lutz, Karl E. (courses  |  homepage)
Section: 1     Type: Lecture     Credits: 3.0
Capacity: 65     Actual: 63



Summer 2011
Title: Business Associations
Faculty: Lutz, Karl E. (courses  |  homepage)
Section: 1     Type: Lecture     Credits: 3.0
Capacity: 65     Actual: 39



Spring 2011
Title: Business Associations (3-credits)
Faculty: Landeo, Claudia
Section: 1     Type: Lecture     Credits: 3.0
Capacity: 65     Actual: 42



Fall 2010
Title: Business Associations (3-credits)
Faculty: Litvak, Katherine (courses  |  homepage)
Section: 2     Type: Lecture     Credits: 3.0
Capacity: 65     Actual: 49



Fall 2010
Title: Business Associations (3-credits)
Faculty: Reed, Stephen F. (courses  |  homepage)
Section: 1     Type: Lecture     Credits: 3.0
Capacity: 65     Actual: 65