LBS 907 (1LH) - Business Associations I

This course introduces the basic concepts of business associations. While the primary emphasis is on corporations, the course also covers agency relationships, partnerships, limited liability companies, and other unincorporated business entities. Course topics cover: entity formation; the roles and purposes of the different associations; the power and authority of parties to act on behalf of the associations; liability - including liability avoidance; implied and fiduciary duties; shareholder rights; and corporate governance.