Business Organization

What You'll Learn:

• 1Understand the legal characteristics and formation of sole proprietorships, partnerships, and corporations
• 2Explain the rights, duties, and liabilities of owners, partners, directors, and officers
• 3Analyze how business organizations incur obligations to creditors and third parties
• 4Apply corporate governance and fiduciary duty principles to disputes involving management and shareholders
• 5Use statutory and common-law rules to resolve fact-based problems involving business organizations