Chapter 26 - The corporate entity. After completing this chapter, students will be able to: Describe the evolution of associative corporativism; explain the nature of a corporation; list the constitutional rights of a corporation; describe the differences among a private, a public, and a quasi-public corporation;. | Business Law with UCC Applications,13e The Corporate Entity Chapter 26 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives Describe the evolution of associative corporativism. Explain the nature of a corporation. List the constitutional rights of a corporation. Describe the differences among a private, a public, and a quasi-public corporation. Distinguish between a close and an S corporation. Learning Objectives (cont.) List the typical elements within the articles of incorporation. Distinguish between the articles of organization and the operating agreement of a limited liability company. Distinguish between a de jure and a de facto corporation. Identify the objective of piercing the corporate veil. Distinguish between common and preferred stock. The Corporate Entity The Theory of Corporativism The Corporate Balancing Act Balancing Corporate Legal Principles The Corporate Entity The Corporate Balancing Act The Model . | Business Law with UCC Applications,13e The Corporate Entity Chapter 26 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives Describe the evolution of associative corporativism. Explain the nature of a corporation. List the constitutional rights of a corporation. Describe the differences among a private, a public, and a quasi-public corporation. Distinguish between a close and an S corporation. Learning Objectives (cont.) List the typical elements within the articles of incorporation. Distinguish between the articles of organization and the operating agreement of a limited liability company. Distinguish between a de jure and a de facto corporation. Identify the objective of piercing the corporate veil. Distinguish between common and preferred stock. The Corporate Entity The Theory of Corporativism The Corporate Balancing Act Balancing Corporate Legal Principles The Corporate Entity The Corporate Balancing Act The Model Business Corporation Act State Common Law The Corporate Entity Balancing Corporate Legal Principles Corporate Limited Liability Corporate Entity Status Corporate Constitutional Rights Corporate Citizenship The Corporate Entity Types of Corporate Entities Private, Public, and Quasi-Public Domestic, Foreign, and Alien Close and S Corporations Limited Liability Companies The Corporate Entity Corporate Formation Promoters Articles of Incorporation The Corporate Name Approval of Articles Commencement of the Business Formation of a Limited Liability Company The Corporate Entity Promoters Preformation Contracts Novation The Corporate Entity Formation of a Limited Liability Company The Articles of Organization The Operating Agreement Oral Modifications of the Operating Agreement Taxation of an LLC The Corporate Entity Corporate Identity De Jure and De Facto Corporation Corporation by Estoppel Piercing the Corporate Veil The Corporate Entity Corporate Financing Classes of Corporate Stock Dividends .
