business of law

Basic agency law principle can be used by a good plaintiff?s lawyer to achieve
comparable results to ?alter ego? judicial theories in most ?pcv? situations.?
Critically discuss and evaluate this statement.

Hypothetically, starting from a blank state legislative
slate, the only form of business organization that would be needed today
would be the Limited Liability Company form. Analyze and critique this
statement.

Question Three: In terms of the closely-held enterprise and the allocation
and maintenance of control, we spent considerable time discussing the
centrality of major contracts such as the partnership agreement, operating
agreement and shareholder agreement. However, for the closely-held
corporation, in most cases, for purposes of allocating and maintaining
control, one needs only the relevant corporation statute, the articles of
incorporation, the corporate bylaws and the share certificates. Analyze and
critique the foregoing sentence.

Question Four: ?As ?fiduciary duty? legal status is a construct of ?equity?,
this is an inefficient legal construct that ought to be left to statutes and
contracts.? Critically evaluate this statement.

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