Foundations of Business Organizations for Paralegals / Edition 1

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This concise and comprehensive text presents the law of business organizations in an accessible, straight-forward manner. It uses relevant examples from the day-to-day practices of business lawyers and their paralegals. This text covers the four basic business organizations: sole proprietorship, partnerships, corporations, and limited liability companies. Users of this text will learn everything they need to know to assist the reviewing attorney in assessing a client's most viable organizational options as well as how to prepare the necessary information and documentation . The text is accompanied by an instructor's guide that provides overhead lecture outlines and exams.
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Editorial Reviews

Provides paralegal students with an overview of the law of business organizations. Introduces major organizational forms available for business owners, then discusses the sole proprietorship, partnerships, the corporation, and the limited liability company. Addresses formation considerations, structure, liability issues, tax consequences, and methods for terminating or altering the organization of a chosen business form. Learning features include key terms, study questions, case studies, and project applications. Includes sample forms, and a list of each state's secretary of state or its corporation division. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780766816527
  • Publisher: Cengage Learning
  • Publication date: 9/21/2000
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 240
  • Product dimensions: 8.40 (w) x 10.92 (h) x 0.99 (d)

Meet the Author

Margaret E. Bartschi is a distinguished attorney as well as an experienced instructor in the paralegal program at the University of Montana, College of Technology. She is listed in Who's Who Among Rising Young Americans, and is a member of the State Bar of California and the State Bar of Montana. As a practicing attorney Bartschi has trained paralegals in both small and large law firms and is uniquely familiar with the expectations for paralegals in the workplace.
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Table of Contents

Preface, Acknowledgments, 1. The Alternatives: A Basic Overview. 2. Choosing a Business Entity. 3. Agency in Business Organizations. Section One: Sole Proprietorships. 4. Sole Proprietorships: A "One-Person Operation". Section Two: Partnerships. 5. Partnerships: Associates for Profit. 6. General Partnerships: The Traditional Partnership. 7. Limited Partnerships: Managers and Investors Working Together. 8. Limited Liability Partnerships: Managers Without Liability. Section Three: Corporations. 9. Corporations: Ownership Without Liability. 10. Formation of a Corporation. 11. Corporate Organizational Structure. 12. Fundamental Changes in Corporate Structure. Section Four: Limited Liability Companies. 13. Limited Liability Companies: Limited Liability with Partnership Taxation. Table of Forms. Appendix A: Secretaries of State. Appendix B: Sample Form Bylaws. Appendix C: Sample Limited Liability Company Operating Agreement.
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