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Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations.
United States corporate law regulates the governance, finance and power of corporations in US law.
The law treats a corporation as an entity separate from its owners, or shareholders, who own stock in the company. Corporations can be small or startup businesses incorporated for tax purposes or large companies formed by mergers between other businesses.
apply key principles of company law to solve problem questions; interpret legislation; use precedents to construct logical and persuasive arguments and discuss moot points of law; think reflectively and critically about the strengths, shortcomings and implications of various aspects of company law.
Company law, also known as corporate law, is a branch of law that deals with the formation, governance, and dissolution of companies. It sets out the rights and obligations of shareholders, directors, employees, creditors, and other stakeholders involved in a company.
Business law falls into two distinctive areas: (1) the regulation of commercial entities by the laws of company, partnership, agency, and bankruptcy and (2) the regulation of commercial transactions by the laws of contract and related fields.
Chapter Outline. 1.1 Basic American Legal Principles. 1.2 Sources and Types of Law. 1.3 Important Business Laws and Regulations. Learning Outcome. Describe the foundation and sources that establish American law. Previous Next. Order a print copy. Citation/Attribution.