Business Associations

Corporations, both large and small, are the major structures through which business is carried out in the United States today. The influence of business corporations on politics, the environment, and the health of communities is immeasurable. This course is designed to give students a basic understanding of the structure, and rights and responsibilities of the American corporation. While focusing on small business, attention is also paid to large corporations, and to charitable, religious, and other uses of the corporate form. Students learn about shareholder rights and duties, the duties and responsibilities of corporate directors and officers, the capital structures of corporations, and are introduced to sole proprietorships, partnerships, and other non-corporate forms of doing business.