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BLAW 1009

In this course, students develop a fundamental understanding of the various legal entities, including public, private and not-for-profit organizations, as vehicles to carry on business. The course combines a theoretical consideration of the financial laws governing corporations with a detailed analysis of procedures for creating a corporation, carrying on its affairs and winding up its affairs when its usefulness has ended. An emphasis is placed on understanding the roles of shareholders, members, directors, and officers. Students learn the legal requirements of annual and special meetings of shareholders/members. Further, students explore various types of financing available to these organizations including both debt and equity financing.

Prerequisite: BLAW1001