B LAW 422 - Law of Business Organizations

★ 3 (fi 6) (either term, 3-0-0) Introduction to the role of the corporation in the business and commercial life of Canada and Alberta, with emphasis on the small private company. Topics include characteristics of corporate existence, process of incorporation, forming a private company, relationship with third parties, distinction between management and ownership, duties of directors and officers, and shareholder rights. Prerequisite: B LAW 301 or ENGG 420.