This course is an introduction to the law and policy governing corporations. Corporations are legally created entities designed to facilitate accumulation of large amounts of capital (that is money and other things of value). They do so primarily by offering investors the opportunity of a financial return on their investment, without the requirement to undertake financial risk (above the amount invested) or responsibility for managing the enterprise. Thus, corporations permit passive investment and the separation of ownership and control. Most of the law governing corporations are designed to regulate the relationships between owners (equity investors) and managers and to provide rules to govern managers in the exercise of power over actions of the company.
|M/W 10:30-11:45 AM||Barrack 102|
No Registration Restrictions.