Lecture 1 Week 3

Lecture 1 Week 3 - Week 3: Week 3 - Lecture #1 Lecture The...

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Week 3: Week 3 - Lecture #1 Lecture 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: The focus this week is on the rights and liabilities of shareholders.) Explain how legal principles affect management decisions Other Key Concepts: Chapter 42: Key Terms: promoter , adoption, novation, automatic novation clause, fiduciary duty of promoter, articles of incorporation, incorporator , de jure corporation, de facto corporation, corporation by estoppel, right of first refusal Chapter 43: Key Terms: ultra vires, board of directors , shareholder litigation committee, officers, supermajority voting, fiduciary duty of directors and officers, business judgement rule, raiders, tender offer, tender offer defenses p 1019, duties of loyalty and fidelity, conflicts of interest, oppression, inside information, director and officer liability for torts and crimes, indemnification Chapter 44: Key terms: common shares and preferred shares, proxy, merger, consolidation
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Lecture 1 Week 3 - Week 3: Week 3 - Lecture #1 Lecture The...

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