Course Description

The current and potential roles of corporations in society as framed by legal rules. The curriculum delves into the duties of officers, directors, and shareholders through the basics of agency, and then explores how corporations relate to the rest of society.

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Athena Title

Corporations Law and Society

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Equivalent Courses

Not open to students with credit in LEGL 4750E

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Prerequisite

LEGL 2700 or LEGL 2700E or LEGL 2800H

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Grading System

A - F (Traditional)

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Student Learning Outcomes

• Students will learn and know how to apply the laws of corporations and business associations.
• Students will learn to differentiate the different types of business organizations.
• Students will learn to examine the relationship between corporations and society.
• Students will learn to apply external forms of financial and regulatory laws to corporate behavior.
• Students will understand the current debates and developments related to corporations and business associations.

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Topical Outline

• Agency and the History of Organizations
• Forming a corporation
• Directors, Shareholders, and Officers
• Limited Liability
• Corporations in court
• Other Forms of Business Organizations: LLCs and Partnerships
• External Regulations
• Shareholders to Stakeholders?
• Corporations in Society

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Institutional Competencies

Analytical Thinking

The ability to reason, interpret, analyze, and solve problems from a wide array of authentic contexts.

Critical Thinking

The ability to pursue and comprehensively evaluate information before accepting or establishing a conclusion, decision, or action.

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