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Course Details

Corporations (Pollman)- Sec 2

Fall 2021   LAW 622-002  

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Faculty
Elizabeth Pollman

Professor of Law
Co-Director, Institute for Law and Economics

epollman@law.upenn.edu
Additional Information

Skills Training
Other Professional Skills:

Grading
100% Exam

Exam
Multiple Choice,
Short Answer,
Essay,
In Class,
Open-Book (Please note that the indications regarding exam details assumes it will be possible to schedule an in-class exam for all students. If that is not possible, the format will be adjusted.)

Satisfies Senior Writing Requirement

No

Location

Class meets in person.

Course Continuity
Students are encouraged to stay home if you are ill or experience flu-like symptoms. If you miss a class for any reason, it is still your responsibility to make up the work missed.

I offer the following to students who miss class due to illness:

- Class sessions are regularly recorded. I will make these recordings routinely available on the course site to everyone in the class.

- I will make PowerPoint slides or other class materials routinely available on the course site to everyone in the class.

Meeting Times/Location
MW 9:00AM - 11:00AM
Gittis Hall 2

Category
Upper-Level

Credits
4.0

Corporations (Pollman)

This is a 4-unit survey course introducing the basic principles of business law, including study of each of the main forms of business entities. The primary focus of the course will be corporate law, including the characteristics and organizational structure of corporations, and the rights and obligations of corporate shareholders, directors and managers. The course will also introduce agency principles, and other business forms such as partnerships and limited liability companies. Some emphasis will be given to federal securities laws and the impact of federal securities regulation on corporate governance (including insider trading law).

The course is aimed at providing broad coverage for a wide range of students—for example, those taking the course because the subject is a bar exam topic and those taking the course as the start of their deeper education in business law and in their paths to becoming business lawyers. No background in business is required. Regular attendance and active class participation are required. By the end of this course, you should be able to:

• demonstrate knowledge and understanding of fundamental rules and standards of business law, including regarding forms of business association such as agency, partnerships, corporations, and limited liability companies, as well as the topics of federal securities fraud and insider trading;

• identify the sources of those laws and apply those rules and standards of substantive and procedural law to sets of facts, providing organized objective analysis or persuasive reasoning, communicated effectively both in oral and written form; and

• identify, explain, and evaluate policy principles and debates underlying fundamental rules and standards of business law.

Course Concentrations

Business and Corporate Law Learning outcomes: Demonstrate a core understanding of business and corporate law; Perform legal analysis in the context of business and corporate law; Communicate effectively on topics related to business and corporate law; Demonstrate an understanding of the interconnection between the world of business and finance and that of business and corporate law, and how they affect other areas of law and society.


Textbooks

"Business Organizations" by Palmiter, Partnoy & Pollman
Edition: Third Edition
Publisher: West Academic Publishing
ISBN: 9781640202689
Required