This complete overview of Business Organizations, written specifically for paralegal students, provides a basic and thorough understanding of the various types of business organizations in a format that will not overwhelm students. Comprehensive, yet accessible, Business Organizations for Paralegals, Fifth Edition, provides students with the practical knowledge they will need.

Paralegal students and instructors have relied on this text for over a decade because of these attributes:

• Clear presentation designed for the paralegal student, with chapters that include an introduction, a complete discussion of the topic, a section devoted to the tasks performed by paralegals, guides to both conventional and Internet resources, discussion questions, and a summary of key features
• Each form of business organization discussed thoroughly, including the nature of the entity, its advantages and disadvantages, the relative ease with which it may be formed, its dissolution, and tax consequences
• More in-depth treatment of limited liability partnerships and limited liability companies than other texts
• An entire chapter devoted to securities regulation
• Useful exhibits and charts that highlight important topics and sample forms that are integrated with the textual discussion throughout the book
• Web resources included in each chapter, with references to websites on forming businesses, directions to various forms, and web addresses for each state’s Secretary of State
• Key terms defined in the margins for easy reference, practice tips in each chapter that provide pragmatic information for paralegals, lists of relevant websites and of tasks commonly performed by paralegals
• Internet questions requiring students to access websites with which they will be expected to be familiar on the job
• A complete ancillary package, including an instructor’s manual with a test bank and PowerPoint slides

True to form, the Fifth Edition is cutting-edge in its coverage:

• Each chapter includes all new discussion questions, Internet questions, and case illustrations
• New topics include a discussion of the Revised Uniform Limited Liability Company Act in Chapter 6 and Shelf LLCs and Series LLCs
• Chapter 11 discusses new trends in corporate governance, such as the move toward electing boards of directors by majority rather than plurality vote, the move toward eliminating staggered or classified boards of directors, new SEC rules and regulations, and the availability of proxy materials on the Internet
• Coverage of the 2008 financial crisis