An Introduction to the Law of Business Organizations

This edition continues to bridge the gap between lawyers' understanding of the perspective of managers and vice-versa. It is designed to be an accessible introduction to the law of business organizations, with a focus on the practical aspects of business law that affect firm governance and management. The book continues to meet the needs of management students and M.Jur./M.S.L. students, but would also be appropriate for short (2-3 credit) business associations courses for JD students. The revised edition has been updated to include recent important changes in Delaware law, including recent extensions of directors' oversight duties, and has added explanatory material to make the text more accessible to a broader range of students. In an era of re-examination of the basic assumptions of business regulation, this text is an excellent introduction to the field.