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Call Number: 10825
Course Number: 6310-01
Professor: James Delaney
Credit Hours & Type of Credit: 3
Semester Offered: Fall
Prerequisites: Students must have completed their first year of law school.
Recommended Courses: None
Course Overview: Business Organizations covers the legal principles essential to litigators and transactional lawyers with respect to both privately and publicly held enterprises. This Course explores the legal considerations in forming, carrying on, and terminating business enterprises. Specifically, this Course deals with the management and control of business enterprises, the liabilities of their owners, and the transferability of ownership interests. This Course will also address the fiduciary duties of management to business associations and their owners, as well as issues arising in suits based on the breach of these duties. This Course will provide an introduction to federal securities laws and state statutory and administrative regulations relevant to agencies, partnerships, corporations, and the limited liability company.
Course Materials: See the current Book List located under Courses and Curriculum.
Course Format: The required textbook contains cases and problems that are included in the assigned reading. Lectures will cover the topics included in the assigned readings and students will be expected to be prepared to discuss cases and problems assigned in the readings. Students will also be expected to prepare answers to assigned problems and be prepared to present their answers to the problems when called upon.
Written Assignments: None
Type of Exam: Midterm and Final Examinations
Basis for Grading Student Performance: Ten percent (10%) of each student's grade in the course will depend on class participation when called upon. There will also be a midterm and a final examination. The midterm and final examinations will be of equal value (45% each and 90% total). The midterm will seek to examine on all materials covered in the course through the last class prior to the midterm. The final will cover the materials beginning after the midterm through the remainder of the course.
Other Comments: Business Organizations is a prerequisite for Taxation of Business Entities, Business Planning, and Advanced Business Organizations.