321_business_organizations_outline_08

321_business_organizations_outline_08 - 2 Corporate...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Business Law II Spring, 2008 Business Organizations I. Introduction. A. Forms of business organization. B. Factors affecting choice of business entity. II. Partnerships. A. Nature and creation of a partnership. 1. Definitions. 2. Characteristics. B. Partnership agreement. C. The partnership relationship. 1. Authority of partners. 2. Partners’ duties. 3. Partners’ rights. 4. Partners’ remedies. 5. Liability of partners. D. Dissolution/termination of the partnership. 1. Causes of termination. 2. Effect of dissolution. 3. Distribution of assets in dissolution. E. Limited partnerships. III. Limited liability companies. A. Statutory requirements. B. Current issues. IV. Corporations. A. Formation. 1. Purposes and powers. 2. Formalities of incorporation. B. Corporate financial transactions. 1. Corporate stock. a) Types. b) Acquisition and transfer of stock.
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 2. Corporate distributions. a) Cash dividends. b) Property distributions. c) Share distributions. d) Rights and options. C. Corporate management. 1. Directors. a) Functions and composition of the board. b) Directors’ meetings. c) Removal of directors and vacancies. d) Liability of directors. 2. Officers. a) Appointment and compensation. b) Function and authority of officers. c) Removal of officers. d) Officers’ liability. 3. Shareholders. a) Promoters and incorporators. b) Shareholders’ functions. c) Shareholders’ meetings. d) Voting rights and issues. e) Shareholder suits. f) Shareholder liability. V. Taxation. A. Partnerships and other pass-through entities. B. Corporate taxation. VI. Choosing a form of doing business....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern