This lecture on corporate law explains the roles of directors, officers, and shareholders, and fiduciary duties. It also details the business judgment rule and shareholder rights.
Directors owe a duty…
Published on 9 months, 2 weeks ago
This lecture on corporate law examines the governance of corporations, focusing on the fiduciary duties of directors and officers, such as care, loyalty, and good faith. It explains the business judg…
Published on 9 months, 2 weeks ago
Corporate Law: Inception of the Corporation
Why Choose the Corporate Form?
Entrepreneurs, investors, and businesspeople choose the corporate form for several reasons. Limited liability is a primary fac…
Published on 9 months, 2 weeks ago
Corporate Law: Inception of the Corporation
Why Choose a Corporation?
The corporate form offers several advantages over other business structures. Limited liability protects shareholders' personal asse…
Published on 9 months, 2 weeks ago
Standing is the legal ability to file a lawsuit.
Only those directly involved and affected by an issue have standing.
Article III of the Constitution gives federal courts the right to preside over "cas…
Published on 9 months, 3 weeks ago
Lecture 1: Introduction to Negotiable Instruments
Definition and Types: Distinguish between notes (promissory notes) and drafts (checks).
Requirements for Negotiability: Unconditional promise or order …
Published on 9 months, 3 weeks ago
Lecture 5: Advanced Topics and Bar Strategy
Alterations and Forgeries:
Discuss the types of alterations that can occur on a negotiable instrument, such as changes to the amount, date, payee, or interes…
Published on 9 months, 3 weeks ago
I. Check-Specific Rules
Overdrafts:
Definition: A check written for an amount that exceeds the available balance in the account.
Bank's Options:
Pay the check and charge the customer an overdraft fee.
Dis…
Published on 9 months, 3 weeks ago
Parties' Liability
Maker/Drawer: The maker of a note or the drawer of a check is primarily liable for the instrument. This means they are obligated to pay the instrument when it becomes due, according…
Published on 9 months, 3 weeks ago
Holder in Due Course (HDC) Doctrine: A Concise Overview
The HDC doctrine is crucial in negotiable instruments law, facilitating the smooth transfer of commercial paper. It protects good-faith purchase…
Published on 9 months, 3 weeks ago
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