An introduction to the law of corporations. Most of the course is devoted to an examination of the structure, control, and characteristics of the modern business corporation. It focuses on the organization of corporations, the distribution and exercise of powers of stockholders, directors, and officers, and the enforcement of corporate duties. Corporate finance, insider trading and securities fraud, and shareholder voting will be examined, along with corporate governance and social responsibility.
Students who have taken Business Associations may not enroll in this course, and anyone who takes this course may not later enroll in Business Associations.