Midterm II Study Guide

Midterm II Study Guide - BUS 320 SPRING SEMESTER STUDY...

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BUS 320 SPRING SEMESTER STUDY GUIDE FOR TEST TWO This test will cover: Forms of Business Organization Securities Law basic concepts Technology licensing Litigation and alternative dispute resolution Business Organization For each type of organization we covered, be familiar with the following criteria: 1. Formation: how does it come into existence? What documents and formalities (if any) are required? 2. Is it a good structure for outside investors? 3. Do the owners have personal liability? 4. Do the owners have control of the business / duties to others in the enterprise? 5. Is income taxed at the entity level, individual owner level, or both? The types of organizations we covered are: Sole proprietorship General partnership Limited partnership Limited liability limited partnership Corporation What are the old and newer rules about liability of limited partners who become involved in the management of the business? Who are the players in a corporation, and what are their roles?
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This note was uploaded on 05/19/2011 for the course BUS 123 taught by Professor Mw during the Spring '11 term at S.F. State.

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Midterm II Study Guide - BUS 320 SPRING SEMESTER STUDY...

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