Apart from their assigned mod courses, 1L students may only enroll in courses offered as 1L electives. A complete list of these courses can be found on the 1L Elective Listings page. 1L students must use the 1L class number listed on the course description when enrolling.
250 sec. 003 - Business Associations (Spring 2026)
Instructor: Kenneth M Ayotte (view instructor's teaching evaluations - degree students only | profile)
View all teaching evaluations for this course - degree students only
Units: 4
Grading Designation: Graded
Mode of Instruction: In-Person
Meeting:
MW 3:35 PM - 5:25 PM
Location: Booth Auditorium
From January 12, 2026
To April 28, 2026
Course End: April 28, 2026
Class Number: 33820
Enrollment info:
Enrolled: 85
Waitlisted: 0
Enroll Limit: 85
As of: 02/16 06:03 PM
This 4-unit survey course examines the laws governing the modern business organization (with an emphasis on corporations). We will cover a number of topics, including rules of agency law, partnership law, corporate formation, corporate identity, rights of creditors, fiduciary duties, corporate governance, executive compensation, mergers and acquisitions and securities fraud. At core, this is a survey course, so many of the topics we will discuss also have specialized courses offering a more detailed treatment. Consequently, our key goal will be to understand the structure of each topic, and how the topics interrelate and in particular how corporate law regulates relationships among multiple different constituencies of the firm, including owners, managers, creditors, employees, customers, and suppliers. Viewed in this light, the governance of a corporation implicates the same challenges and concerns that affect any multi-party economic relationship, ranging from problems of collective action, free riding, private information, distribution and opportunism. The laws governing business organizations constitute an important set of rules, institutions, and practices that regulate and address these concerns.
Exam Notes: (F) In-class Final Exam
(Subject to change by faculty member only through the first two weeks of instruction)
Exam Length: 3 hours
Course Category: Business Law
If you are the instructor or their FSU, you may add a file like a syllabus or a first assignment to this page.
Readers:
No reader.
Books:
Required Books are in blue
- Commentaries and Cases on the Law of Business Organization
William T. Allen, Reinier Kraakman, Vikramaditya S. Khanna
Edition: 6 ed., 2021
Publisher: Wolters Kluwer
ISBN: 9781543831016
e-Book Available: unknown
Price: $298.00
Note: prices are sampled from internet bookstores. Law-school Bookstore prices are unavailable at this time. - Commentaries and Cases on the Law of Business Organizations: 2021-2022 Statutory Supplement
William T. Allen, Reinier Kraakman, Guhan Subramanian
Publisher: Wolters Kluwer Law & Business
ISBN: 9781543849028
e-Book Available: unknown
Price: 88.00
Note: prices are sampled from internet bookstores. Law-school Bookstore prices are unavailable at this time.