Lecture 1 (WK2)

Lecture 1 (WK2) - Lecture 1(WK2 The Core Learning Outcomes...

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Lecture 1 (WK2) The Core Learning Outcomes addressed this week are: Demonstrate the ability to brief a case. Distinguish between the rights and liabilities of business owners, whether partners, members, or shareholders. (Note: this includes sole proprietorships, corporations, franchises, hybrid corporate forms like the S corporation, close corporations, and partnerships. See lecture 2 for info about franchises and the hybrids.) Explain how legal principles affect management decisions. Other Key Concepts: Chapter 37: What are the advantages and disadvantages of the forms of business? (See lecture below). Sole proprietorship, partnership , limited liability partnership, limited partnership, limited liability limited partnership, corporation, S Corporation , professional corporation, limited liability company. See the chart on page 937. What is the difference between a joint venture and a partnership? Chapter 38:
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Lecture 1 (WK2) - Lecture 1(WK2 The Core Learning Outcomes...

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