Limiting liability for company founders and investors is an issue for all business people to consider. Another topic of interest for entrepreneurs is the balance of power between the shareholders, directors and officers. In this module, the legal aspects of agency are presented, and the various forms of business entity, including sole proprietor, partnership, corporations, and LLCs are compared and contrasted. Students learn the principles of limited liability, corporate formation, the appointment and powers of officers of directors.
- Teacher: David Smith