Business Organizations: A Transactional Approach, Fourth Edition

Buy a new version of this textbook and receive access to the Connected eBook with Study Center on Casebook Connect, including lifetime access to the online ebook with highlight, annotation, and search capabilities. Access also includes practice questions, an outline tool, and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes. Business Organizations: A Transactional Approach by William Sjostrom is designed for those who want to teach business organizations, business associations, or corporations using a transactional, problem-oriented, and/or practical approach.  This casebook teaches from a transactional perspective and shows how legal concepts are written in the real world. It has numerous actual provisions from the various documents corporate lawyers draft and review so that students gain a sense of what corporate lawyers do in practice. With content selected through a corporate lawyer lens, and emphasis on real-world provisions, this is the only Business Organizations casebook on the market allowing students to work with complete transactional documents (e.g., limited liability partnership agreements, LLC operating agreements, certificates of designation, warrant agreements, and shareholders’ agreements). Featuring numerous exercises, designed to reinforce the covered material and help students develop the planning and problem-solving skills of a corporate lawyer as well as expose students to the documents and issues at the heart of the transactional practice, the book also contains more narrative and fewer cases--legal concepts are covered in concise explanatory text instead of judicial opinions.  New to the Fourth Edition:   New materials regarding the duty of oversight   New materials regarding demand futility  Updated exercises and statistics  MBCA references changed to the latest edition given recent state adoptions  Professors and students will benefit from:  Straightforward text makes it easier to teach complicated concepts  Numerous exercises make the book ideal for problem-method teaching  Extensive teaching materials (PowerPoint slides, diagrams, calculation sheets, step-by-step documents, poll questions, etc.) available online  Practice-oriented—students exposed to real-world provisions and agreements  Transaction-oriented—students get a sense of what corporate lawyers do  Problem-oriented—students get to repeatedly apply what they’ve learned