Business enterprises is a core class for any future lawyer who wants to work with businesses. Understanding the types of businesses and the rules that govern them is key. The course will start with discussing partnerships and the rights of partners. It is also important for you to know the responsibilities of partners, because each partner is liable for the business torts of each other partner.
You will also learn the rules of how a partner, or someone acting as if they are a partner, can bind the company in an agreement. After learning all of the risks of a partnership, you will learn about corporations and limited liability companies. These are types of businesses that limit the liability of the owners and operate as separate legal entities. There is also an established set of rules for these types of companies; these rules protect minority owners, allowing them to sue to protect their interests or making sure that they have access to the books and records of companies.
You will also learn about how states have established a set of default rules for running a company. This includes everything from the number of members on a board of directors, to the percentage of those directors who make up a quorum for a meeting or who need to approve of a measure. There are similar default rules for shareholder meetings and the decisions that must be made by them. All of the rules assume that there will be shareholders who do not take part in running the business.
Varsity Tutors can connect you with business enterprises tutoring, which can help you understand how these rules work with fact patterns and how to determine if the decisions being made by the businesses are being done properly. You will need to be able to look at facts and evaluate whether a director is voting based on his or her own interests or those of the company, and whether that means that the planned action should be disallowed or whether it is still permissible.
Business enterprises tutoring can show you the best way to analyze the facts and how to come up with the answer. You will also wrestle with piercing the corporate veil or going after the owners of a company. This is a legal tactic that can be difficult to understand and is a favorite area of professors for testing purposes. Business enterprises tutoring can show you when a business owner is acting in a way that makes piercing the corporate veil possible.
Business enterprises can be a very difficult subject to get a handle on. A private tutor can help with this by providing you with the type of individual attention you might need to fully understand it. A private tutor can help identify your strengths and weaknesses and develop a plan to help you get the most out of your tutoring sessions. Additionally, your private tutor can adapt the way they teach to fit your specific learning styles
Varsity Tutors can help you connect with a tutor who has the knowledge and experience to assist you in working out all these problems and fact patterns, and who is likely to be a law student or lawyer.
Varsity Tutors places a strong emphasis on making your tutoring experience as flexible and convenient as possible. Our live learning platform lets you meet your private tutor either in person or face-to-face online. This gives you the opportunity to meet your tutor at a time and location that works best for you. Your tutor is willing and able to meet you wherever you feel most comfortable.
Contact the Varsity Tutors educational directors today to get help connecting with an exceptional business enterprise tutor.
