This course examines formation and organization of corporations; financing the corporation; purposes and powers (ultra vires doctrine); transfer of shares (restriction of transfers; Article 8 U.C.C.); distribution of powers between shareholders and directors; some important aspects of the Securities Act of 1933, Securities Exchange Act of 1934; sale of controlling interest; derivative actions; preemptive rights; voting rights; dividends and distributions, organic changes; and dissolutions and liquidations.

Grading and Method of Evaluation:
Letter grade only. Final exam.