The Law of Corporations and Other Business Organizations.

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1. Chapter 7
What are four characteristics of a corporation that distinguish it from the sole proprietorship and the partnership

2. Chapter 8
Discuss some of the factors that should be considered when determining where to incorporate a business. Why are those factors important?

3. Chapter 9
Where does a committee get its authority? Who is ultimately responsible for the acts of the committee?

4. Chapter 10
What two widely accepted requirements must be granted to shareholders under MBCA?

5. Chapter 11
What are some of the advantages and disadvantages of taking a privately held corporation public?

6. Chapter 12
What is the difference between a consolidation and a merger?



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