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Decks in this class (15)
agency
Ways principal can be found 4 1,
Actual authority exists when 2,
Implied actual authority 2 ways 3
17
cards
entity - owner liability
Who can bind the business in a so...,
Who can bind the business in a co...,
Who can bind the business in a ge...
35
cards
taxation
For individuals sole proprietorsh...,
Who pays a self employment tax 2,
What is the self employment tax p...
31
cards
incorporation
Incorporator files 1,
Articles of incorporation must in...,
Company names cannot and must inc...
30
cards
corporate finance
Rights of shareholders include 3 1,
Common stock key features 2,
Preferred stock key features 3
29
cards
return on investment
Company distributions 1,
How owners pull money out of a co...,
Straight distributions 3
20
cards
financial statements
Three main financial statements u...,
Balance sheet shows 3 2,
Assets are within the 3
10
cards
corporate governance
Hierarchy sdo 1,
Shareholders own the corporation ...,
Bulk of corporate law is 3
25
cards
fiduciary duties of loyalty
Duty of care requires 1,
Duty of loyalty prohibits 2,
Shareholders may sue when 3
26
cards
shareholder lawsuits
Shareholders can sue 1,
A shareholder lawsuit must first 2,
Recovery goes to 3
7
cards
liability protection
Indemnification definition 1,
Indemnification can be written wi...,
Advancing legal fees 3
9
cards
majority vs minority shareholders
Close corporations defined 1,
Fiduciary duties among shareholde...,
Heightened duties of controlling ...
12
cards
sec
Sec rule 10b 5 antifraud rule mi ...,
Classical insider trading 2,
Misappropriation theory 3
6
cards
general partnerships
How can partnerships be created 1,
A gp does not require 1,
Allocation and losses default rule 2
7
cards
LP, LLP, LLC
Lp can act like a _ and not but w...,
Lp profits losses default 2,
Lp withdrawal of the lp and the gp 3
9
cards
More about
biz orgs
- Class purpose General learning
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