Business & Corporate Law
This course gives students a complete overview of the main legal issues and procedures associated with the business sector. The course examines the key legislation that affects different types of businesses, from larger corporations to not-for-profit organizations, as well as the legal steps involved in setting up and maintaining a business. It starts with an introduction to the various types of business organizations including sole proprietorships, partnerships and corporations. It examines the process of incorporation, the changes to the corporate structure and the roles of directors, officers and shareholders of a corporation.
Finally, this course examines the rights and remedies of secured and unsecured creditors of a corporation, and the enforcement of security interests. It also covers agency relationships, the concept of a trust, the termination of a corporation’s existence and the purchase and sale of a business and how to carry out a bulk sale under the Bulk Sales Act.