This course will acquaint the student with typical legal functions connected with the formation and operation of a variety of business entities. It will primarily consider paralegal functions in the field of corporate law, including organization and creation of a corporation, continuing corporate operation problems, and typical corporate variations. These will be compared with the formation, operation and regulation of other types of business organization including sole proprietorships, partnerships, limited liability companies and others. Students will examine principles of insurance law, corporate bankruptcy, employment and labor law, wills, estates and trusts, negotiable instruments, commercial paper, and secured transactions.
Prerequisite: PLA 1003 with a minimum grade of C and BUL 2241