An advanced course in the legal problems which result from the capital formation of businesses. The course includes a study of the theories of evaluation of a business enterprise, a study of the problems surrounding the relationship between junior and senior securities, further investigation of the problems resulting from mergers and reorganizations, and, when appropriate, information concerning new developments in securities law which affect the topics studied.
Prerequisite: Business Organizations (641)
Recommended: Introduction to Federal Income Taxation (700); Corporate Tax (701)
This is an elective course. Most, though not all, electives are offered each year. Students may expect to have at least one opportunity to subscribe to all electives at some time in their three years in the college.