Business Associations

Quick Info
(2020.04)  Course
Instructor(s)
G. Ellinidis; Adjunct Professor
Fall
4 credit(s)  4 hour(s);
Presentation
Lecture, discussion. 3 hours in class and one hour synchronous remote (Zoom).
Upper Year Research & Writing Requirement
No
Praxicum
No

This course introduces the laws governing various forms of business associations in Canada. The course will cover sole proprietorships, general partnerships, limited partnerships, limited liability partnerships, franchises with a particular focus on business corporations. The course will canvass such topics as:

·        what are, and when do you use, a sole proprietorship, agency, general partnership, limited partnership, limited liability partnership, professional corporations and franchises;
·        the creation, organization and powers of the corporation;
·        the capital structure and activities of the corporation;
·        the management and control of the corporation;
·        shareholder rights;
·        the duties and responsibilities of shareholders, directors and officers;
·        shareholder derivative actions and other remedies;
·        introduction to corporate transactions;
·        the liquidation and dissolution of the corporation; and
·        Elements of Foreign Direct Investment (if time allows).

Method of Evaluation: 15% Participation; 85% Open-Book Examination. Participation is worth 15% of the course grade and the mark will be based on your relative in-class engagement as assessed on a discretionary basis. These marks can be earned by expressing your opinion, engaging in class discussion, asking questions (during class and not just at the break), volunteering to present a case or demonstrating active listening.