School
Business, Entrepreneurship, and Professional Development
Division
Business & Economics
Department
Legal Studies
Academic Level
Undergraduate
Course Subject
Legal Studies
Course Number
250
Course Title
Business Organizations
Cross-Referenced Course
Credit Hours
3.00
Instructor Contact Hours Per Semester
47.00 (for 15-week classes)
Student Contact Hours Per Semester
47.00 (for 15-week classes)
Grading Method
A-E
Pre-requisites
ENG-131 with a C grade or better, or Instructor Permission
Catalog Course Description
Examines forms of business organizations including corporations, partnerships, and limited liability companies. Covers the formation, structure, rights, and liabilities associated with each entity, along with the legal consequences of dissolving them. Covers the drafting of documents necessary to create and maintain business entities.
Goals, Topics, and Objectives
Core Course Topics
- Sole Proprietorships
- Describe the formation, structure and rights and liabilities of sole proprietorships.
- Identify the advantages and disadvantages of sole proprietorships.
- Perform business organization research using computer-assisted research tools.
- Partnerships
- Describe the formation, structure, rights, and liabilities of partnerships.
- Identify the advantages and disadvantages of partnerships.
- Explain the process for terminating partnerships.
- Perform business organization research successfully while using computer-assisted research tools.
- Limited Liability Companies
- Describe the formation, structure, rights, and liabilities of limited liability companies.
- Identify the advantages and disadvantages of limited liability companies.
- Explain the process for terminating limited liability companies.
- Perform business organization research successfully while using computer-assisted research tools.
- Corporations
- Distinguish among the different types of corporate structures.
- Describe the formation, structure, rights, and liabilities of directors and shareholders of corporations.
- Explain the financial structure of corporations.
- Identify the advantages and disadvantages of corporations.
- Explain the process for dissolving corporations.
- Perform business organization research successfully while using computer-assisted research tools.
- Drafting
- Draft one or more document in support of the creation, maintenance or dissolution of one or more business entities.
- Perform business organization research successfully while using computer-assisted research tools.
- Ethics
- Evaluate the ethical considerations and the role of the paralegal in creating and maintaining documents in support of various business organizations.
Assessment and Requirements
Assessment of Academic Achievement
Students will be assessed through quizzes, tests, in-class and out-of-class assignments, drafting assignments, and/or class participation.
Outcomes
Satisfies Wellness Requirement
No
Approval Dates
Effective Term
Fall 2019
Review Semester
Fall 2019