LAW 115

Business Law for Non-Lawyers

This course surveys the legal concepts and rules applicable to the dominant types of business associations in the U.S. After considering the factors relevant to choosing the form of legal entity through which to conduct a business, the course will focus on the law of corporations, both closely held and public. Students will explore the rights and obligations of boards of directors, officers, and shareholders of the corporation in the day-to-day operations of the company. The course will also introduce students to the process of acquiring or selling a company and the special legal considerations associated with mergers and acquisitions (M&A). Students will apply their understanding of the business law principles covered in the course in a team project that invites them to consider critically the legal strategy adopted by a company surrounding a major corporate event.

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