/ Catalogs/Business Associations I

Business Associations I

Business Associations I

Course Number: LAW-113
Course Type: Foundational
Credits: 3
Enrollment Limit: Determined by the Registrar
Description: This course is part of the “Business Associations” course series that surveys fundamental legal issues associated with the principal types of business enterprises. This particular course primarily surveys state laws governing the formation and operation of closely-held business associations-including partnerships, limited partnerships, limited liability companies, benefit corporations, and closely-held corporations-but also examines federal law governing initial public offerings. The course will cover the choice of business entity, forming and financing business enterprises, agency, and the relationship among business owners. It is recommended that students intending to take both parts of the course series take this one first. But the courses may be taken in any order, and students may take either course alone.
Prerequisite: none
Evaluation Method: Final exam
Capstone: no
WIE: no

The American Bar Association accreditation standards require students to regularly attend the courses in which they are registered. Lewis & Clark expects students to attend classes regularly and to prepare for classes conscientiously. Specific attendance requirements may vary from course to course. Any attendance guidelines for a given class must be provided to students in a syllabus or other written document at the start of the semester. Sanctions (e.g., required withdrawal from the course, grade adjustment, and/or a failing grade) will be imposed for poor attendance.