Business Organizations and Antitrust Law

The Task is an assignment to be completed by utilizing the course content (and any outside sources) pertaining to this Module. Work through the materials, do some research on your own, and complete the assignment.

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CHAPTER 9:

1. What is a corporation? What is a limited liability company? What protection do these organizations provide for owners?

2. What is the business judgment rule?

3. Describe the doctrine of “piercing the corporate veil”.

4. What is the difference between common stock, preferred stock, and debt?

5. Describe the regulatory roles of the 1933 and 1934 federal securities acts.

6. What is insider trading?

CHAPTER 11:

7. What is a monopoly?

8. What is a merger?

9. What is the difference between a horizontal and a vertical merger?

10. What are the benefits and hazards of mergers?

Upon completion, upload your assignment in Word format to Moodle.

SAMPLE SOLUTION

  1. What is a corporation? What is a limited liability company? What protection do these organizations provide for owners?

Corporations are legal entities that are separate from their owners. Corporations can make taxable profits and are legally liable. They provide the strongest protection to their owners from individual liabilities but are more expensive to create than other forms of businesses (Palmiter, 2020). Limited liability companies (LLCs), on the other hand, allows flexibility concerning individual liability against personal assets. Personal assets are not at risk when the LLC faces legal charges….

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