Business Associations I & II (3 credits each)

Following is the course description as contained in the Manual of Policies and Procedures of Capital University Law School. 

BUSINESS ASSOCIATIONS I AND II (3 credits each): Principles relating to the formation, governance, and dissolution of unincorporated (partnerships, limited partnerships, limited liability companies, etc.) and incorporated (closely and publicly held) associations, including the allocation of risk and liability, control, fiduciary obligations, and distribution of profits. Agency relationships (employer/employee, master/servant, principal/agent, and independent contractors) and principles of vicarious liability. Issues relating to the anti-fraud provisions of the Securities Exchange Act of 1934 (insider and short-swing trading in securities). Prerequisites: 600, 601, 610, 611.

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