Overview of the various forms of business organization - sole proprietorships, general and limited partnerships, limited liability companies, and corporations. Analysis includes the basic characteristics of each form of organization as well as the contracts and documents developed in the set-up, operation, and dissolution of each. Discussion includes the ethical issues relevant to business organization law. Business Law I (MGT 231 or MGT 301) and Business Law II (MGT 241 or MGT 302) cannot be substituted for this course. (Formerly LAS110) 3 Credits (3 Lecture) Prerequisite(s): ENL111. Fall Only.