Corporate Law [Course] [No. 86] - Why Do Corporations Exist? [No. 86]

Explore the Core of Corporate Law: Unravel the Purpose, Existence, and Legalities Behind Corporations with The Federalist Society. Dive into Fiduciary Duties, Limited Liability, and Essential Court Dynamics. Join us to decode the pillars of corporate structure!

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What you'll learn

Understand the purpose and role of the corporate form in society
Identify reasons for the existence of corporations and their economic impact
Differentiate between transactional law and litigation in the context of corporate operations
Recognize the significance of fiduciary duties for corporate executives

This course includes

41 min of video
Certificate of completion
Access on mobile and TV

Summary

Keywords

#fedsoc federalist society conservative libertarian fedsoc federalism fed soc law corporate law corporation corporations

Full Transcript

If people are able to enter into contracts and invest money on their own, why do we need corporations? Professor J.W. Verret explains how corporations provide the necessary structure for agent accountability, management of investment, and limited liability for shareholders. Without this structure, individual shareholders could be personally liable for mistakes or malfeasance by management. Corporations have been organized this way as far back as the Roman Republic. J.W. Verret is an Associate Professor of Law at Antonin Law School at George Mason University. He teaches Banking, Securities and Corporation Law. As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker. Subscribe to the series’ playlist: #law #no86 #corporatelawyer #corporatelaw #corporation #corporations

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