Business Organizations

Community College of Philadelphia

 

                                                                                                            Professor Linda J. Hibbs

PLS 255 001 1353                                                                              lhibbs@ccp.edu

Fall 2003                                                                                              lhibbs@peoplepc.com

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OFFICE HOURS:  Linda J. Hibbs’s office is located in B2-22.  The phone number is (215) 751-8000.  Office hours are Tuesday & Wednesday 3:30-5:30 and Thursday 1:30-3:30.  My website is at http://faculty.ccp.edu/faculty/lhibbs.

 

TEXTBOOK:  Deborah E. Bouchoux, Business Organizations for Paralegals, 3rd Ed. (Aspen Law & Business 2004).

 

CLASS ROOM & TIMES:  Tuesdays & Thursdays, 9:30 – 10:50 a.m. in Rm. C2-6

 

GRADES AND GRADING POLICIES:  Barring excessive absences, the following graded assignments will determine your final grade for the class:

 

Exam #1 (20% of grade)                                 Final (25% of grade)

* Thursday, October 2nd                                   * To be announced

           

Exam #2 (20% of grade)                                 Project (30% of grade)

            *Tuesday, November 4th                                  *Tuesday November 25th

 

Active Participation (5% of grade) 

This grade will include active participation in class discussion & the presentation of one current article from a magazine or newspaper to discuss with the class.  The article must relate to business issues we are discussing in class.

 

DEADLINES: Unless I tell you otherwise, assignments are due at the beginning of class.  If your assignment is late, I will reduce your grade.  The penalty for late assignments is ˝ grade for every day late.  Partial days will be treated as full days. 

 

DESCRIPTION OF THE COURSE:  This is an advanced course for paralegals focusing on the legal concepts relating to the different business formats such as sole proprietorships, partnerships, limited liability companies and corporations.

 

PROJECT DESCRIPTION:  For the class project, you will be forming a corporation in groups of 2 or 3.  No individual projects will be accepted for any reason.  Each project will receive a grade that will be the grade each member receives subject to the following.  Team members will evaluate the participation and cooperation of their teammates, and individual team members may have their grade lowered if their teammates’ evaluation of their performance is poor. 

 

Schedule of Readings & Assignments

 

CLASS 1:       Tuesday, September 2

 

Discussion:       Overview of Semester

 

CLASS 2:       Thursday, September 4

 

Discussion:       Introduction to Business Organizations

 

Reading:           Ch. 1

 

CLASS 3:       Tuesday, September 9

 

Discussion:       Introduction to Corporations

 

Reading:           Ch. 8

 

CLASS 4:       Thursday, September 11

 

Discussion:       Formation of a Corporation

 

Reading:           Ch. 9

 

CLASS 5:       Tuesday, September 16

 

Discussion:       Formation of a Corporation, continued

 

Reading:           Handouts

 

CLASS 6:       Thursday, September 18

 

            Assign:             Project

 

CLASS 7:       Tuesday, September 23

 

Discussion:       Special Corporate Forms

 

Reading:           Ch. 17

 

 

 

 

 

CLASS 8:       Thursday, September 25

 

Discussion:       Corporate Financial Structure

 

Reading:           Ch. 10

 

CLASS 9:       Tuesday, September 30

 

Discussion:       Corporate Financial Structure, continued

 

CLASS 10:     Thursday, October 2

 

EXAM #1 covering Ch. 1, 8-10, 17

 

CLASS 11:     Tuesday, October 7

 

Discussion:       Corporate Management

 

Reading:           Ch. 11

 

CLASS 12:     Thursday, October 9

 

Discussion:       Corporate Dividends

 

Reading:           Ch. 12

 

CLASS 13:     Tuesday, October 14

 

Discussion:       Corporate Dividends, continued

 

CLASS 14:     Thursday, October 16

 

Discussion:       Securities Regulations and the Stock Exchange

 

Reading:           Ch. 13

 

CLASS 15:     Tuesday, October 21

 

Discussion:       Changes in Corporate Structure & Corporate Combinations

 

Reading:           Ch. 14

 

 

 

CLASS 16:     Thursday, October 23

 

Discussion:       Changes in Corporate Structure & Corporate Combinations, continued

 

CLASS 17:     Tuesday, October 28

 

Discussion:       Termination of Corporate Existence

 

Reading:           Ch. 16

 

CLASS 18:     Thursday, October 30

 

Discussion:       Business Ethics

 

Reading:           Ch. 19 (p. 519-525)

 

CLASS 19:     Tuesday, November 4

 

EXAM #2 covering Ch. 11-14, 16 & 19 (p. 519-525)

 

CLASS 20:     Thursday, November 6

 

Discussion:       Sole Proprietorships

 

Reading:           Ch. 2

 

CLASS 21:     Tuesday, November 11

 

Discussion:       General Partnerships

 

Reading:           Ch. 3

 

CLASS 22:     Thursday, November 13

 

Discussion:       Limited Partnerships

 

Reading:           Ch. 4

 

CLASS 23:     Tuesday, November 18

 

Discussion:       Partnerships, continued 

 

 

 

CLASS 24:     Thursday, November 20

 

Discussion:       Registered Limited Liability Partnerships

 

Reading:           Ch. 5

 

CLASS 25:     Tuesday, November 25

 

DUE:                Projects

 

NO CLASS THURSDAY, NOVEMBER 27th  - HAPPY THANKSGIVING!!!

 

CLASS 26:     Tuesday, December 2

 

Discussion:       Limited Liability Companies

 

Reading:           Ch. 6

 

CLASS 27:     Thursday, December 4

 

Discussion:       Review for final

 

 

FINAL  - date and time to be announced

 

 

Happy Holidays!!!