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BUSINESS LAW 422 - University of Alberta

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BUSINESS LAW 422

THE LAW OF BUSINESS ORGANIZATIONS Course Outline Spring Term 2013 University of Alberta, School of Business Department of Marketing, Business Economics & Law Instructor: Douglas Peterson

Time: T/TH 15:00 – 17:50 Class Room: HC 27

Office: 1-33 Business Building Telephone: 492-7578

Fax: 492-7578

E-mail: [email protected] Web Site: Ulearn/Blackboard website Office Hours: By appointment

COURSE DESCRIPTION

This course is designed to give an introduction to the law pertaining to business organizations. We will examine the different forms of business structures such as sole

proprietorships, partnerships, and of course, corporations, including the incorporation process. In addition, the relationship between the corporation and other parties, both external and internal will be studied. We will also review capitalization of a corporation, the distribution of securities (the law of securities regulation, as it overlaps with corporate law), and the role of government in all of this. Finally, we will look at trusts and money laundering. Law as an academic subject places somewhat different demands on a student than would be encountered in many other university courses. It requires that the student be able to communicate clearly and effectively even when dealing with fact situations in which there is not always a clear right or wrong answer.

REQUIRED COURSE MATERIALS

(1) Blaw 422 Managing the Law, The Legal Aspects of Doing Business. Custom Publication , McInnes, Mitchell; Pearson

(2) Course Notes: Provided on the class website

(3) Text Book website: www.pearsoned.ca/mybuslawlab includes the e-text, quizzes, mini- cases, provincial specific material, audio chapter summaries, power point slides, glossary flashcards.

EVALUATION

Exam Value Date Chapters Covered

Midterm 50% Thursday May 23rd, 2013 Chapters 20-22, Securities

Final 50% Friday June 14th, 2013 3:00 p.m. Chapters 23-24; Trusts, Money Laundering

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Examinations: You will be graded in this course by means of your performance on two closed book examinations based on the material in the text and the material presented in the lectures.

Examinations will be a combination of multiple choice and true/false questions on the textbook, handouts and material covered in class. It is the responsibility of each student to ensure they have all the required material. The final exam is NOT cumulative.

Students are expected to write the examinations at the assigned times. No make-up exams will be given for missed midterms. If a student misses a mid-term examination, unless it a valid reason approved by the instructor, there is no deferral and the weight of the mid- term will be added on to the final exam. If you must miss the final exam, you can arrange to write a deferred final according to University Policy.

University Calendar link: https://www.registrar.ualberta.ca/calendar/Regulations-and- Information/Academic-Regulation/23.4.html

It is my desire to be readily accessible to students. If you are having difficulty with any part of the course, please come and see me during the assigned office hours or by appointment. The best time to ask questions is after class. The best way to contact me is by email.

Lectures:

The lectures will be in the following order: Chapters 20, 21, 22, Securities, 23, 24, 25, Trusts, Money Laundering.

UNIVERSITY REGULATIONS

"Policy about course outlines can be found in Section 23.4(2) of the University Calendar."

(GFC 29 SEP 2003)

"The University of Alberta is committed to the highest standards of academic integrity and honesty. Students are expected to be familiar with these standards regarding academic honesty and to uphold the policies of the University in this respect. Students are particularly urged to familiarize themselves with the provisions of the Code of Student Behaviour (online at www.governance.ualberta.ca) and avoid any behaviour, which could potentially result in suspicions of cheating, plagiarism, misrepresentation of facts and/or participation in an offence.

Academic dishonesty is a serious offence and can result in suspension or expulsion from the University."

Recording Lectures

"Recording is permitted only with the prior written consent of the professor or if recording is part of an approved accommodation plan."

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