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BA-DJ > LLE'S > Flashcards

LLE'S Flashcards

1
Q

3 theories of corps

A
  1. real entity
  2. aritficial person
  3. Nexus of contracts
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2
Q

real entity

A

corp exists aprt from individual members and property

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3
Q

artificial person

A

legal function created by state, dominate view, exist onkly at law

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4
Q

nexus of contracts

A

reified collection of contracts

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5
Q

where are most corps now incorporated

A

Delaware- special courts just for corporations. predictable law.

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6
Q

we focus on

A

LLC, COrps

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7
Q

buyout agreements

A

plan for dissolution, caeter to client needs .

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BA-DJ (22 decks)

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