LEGL 301 - Business Organizations

3 Credits
Students are introduced to legal problems encountered in business formation, operation, and acquisition, including the law concerning sole proprietorships, general and limited partnerships, corporations, and limited liability companies. They are also introduced to related business law concepts.

Prerequisite(s): LEGL 101
Corequisite(s): LEGL 210
Course Learning Outcomes:
1. Prepare portfolio that includes all required forms and documents using relevant technology to file for the desired business organization supported by a given fact situation.
2. Evaluate advantages and disadvantages of common forms of business organizations that support overall goal and purpose of given fact situations.
3. Analyze the ethical principals of the Model Rules of Professional Responsibility in business creation, including the unauthorized practice of law.
4. Define common forms of business organizations, including the liability and dissolution that goes along with each form of business organization.