Law of Business Organizations --- This course provides an introduction to the legal framework in which managers operate a business enterprise. It examines various business relationships and organizations including: - Agency relationships - Partnerships - Limited liability companies - Corporations - Duties of senior management - Rights of shareholders - Rights and duties in the context of transactions for corporate control - Insider trading Because the course focuses on the legal environment in which management decisions are made, legal cases are used in class discussion. .

BL 517 fulfills the MBA Law/Ethics Requirement. Prior to the Fall 2014 term, this course was called LHC 517.