Lecture Slides 1_Presentation - Limited partnership...

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BUSINESS LAW II AEM 321; NBA 561 www.blackboard.com Dale Grossman 114 Warren Hall 255-8023 dag14@cornell.edu Class: Office hours posted on course website Reading for Wednesday: In re Well’s Will
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COURSE GRADING Written assignments 40% 4 papers; 2-3 pages each 5 th optional paper Midterm exam 30% IN CLASS, Wednesday, March 12 Note early start time – 8:15 a.m. Final exam 30% not cumulative Thursday, May 15 at 9:00 a.m.
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COURSE TOPICS Business organizations Partnerships Corporations Limited liability companies and partnerships Choosing a form of business organization Discrimination in employment Product liability
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COURSE TOPICS Debtor/creditor relations Secured transactions Bankruptcy Unfair competition Antitrust Trademark infringement and deceptive practices E-commerce law International business law
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FORMS OF BUSINESS ORGANIZATION Partnership General partnership
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Unformatted text preview: Limited partnership Corporation c or regular corporation s corporation Limited liability company Limited liability partnership Limited liability limited partnership TESTS OF PARTNERSHIP EXISTENCE Association of 2 or more persons Conducting a business for profit Which they co-own Sharing of profits and losses Equal right to make management decisions CHOOSING A FORM OF DOING BUSINESS Ease of formation Capital and credit requirements Treatment of profits and losses Taxation Management and control Limitations on liability Transferability of interests Continuity of existence Issues in choosing business form What is the relationship of the business participants to outsiders? What is the relationship of participants to the government? What is the relationship among the co-venturers?...
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Lecture Slides 1_Presentation - Limited partnership...

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