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Business Organizations: Cases, Problems, and Context, Sixth Edition,offers a current and engaging approach to the study of business and business law by combining recent and classic cases, cutting edge topics, and problems-based teaching and learning. 

Reflecting ongoing changes in the structure and regulation of modern business practice, Business Organizations: Cases, Problems, and Context offers a unique combination of doctrine, problems, and case studies. Recent, high-interest cases are balanced against classic teaching chestnuts, with brief, innovative problems used throughout. Recent Delaware Supreme Court decisions and a collaborative community of users support a clear and sustained examination of the role and purview of the law in business transactions. 

New to the Sixth Edition: 

• Recent Delaware Supreme Court and Chancery Court cases, including: 
  • United Food and Commercial Workers Union and Participating Food Industry Employers Tri-State Pension Fund v. Zuckerberg et al. (unified demand futility standard) 
  • Tornetta v. Musk (entire fairness review) 
  • New Enterprise Associates 14, L.P. v. Rich (advance waiver of fiduciary duty claims) 
• New coverage of developing trends such as the implications of AI on corporate law and practice, prohibition of noncompete agreements, and the blurred boundaries between public and private entities 
• Consolidated and restructured fiduciary duty materials, combining care and loyalty into a single, cohesive chapter with classic and contemporary cases 

Professors and students will benefit from: 

• A discriminating selection of fresh cases and classics 
• In-depth coverage of how the law applies to modern business structures and growth industries 
• Hybrid entities treated in detail, including a separate chapter on limited liability companies 
• Short problems after selected topics that give students practice applying the legal principles 

Summary of Contents

Contents 
Acknowledgments 

Chapter 1. The Law of Agency 
Chapter 2. Partnerships 
Chapter 3. Limited Liability Companies 
Chapter 4. Organization and Structure of a Corporation 
Chapter 5. Shareholder Control and Private Ordering 
Chapter 6. Shareholder Power and Voting in the Publicly Held Firm
Chapter 7. Fiduciary Duties 
Chapter 8. Litigation to Enforce Fiduciary Duties 
Chapter 9. Mergers and Acquisitions 
Chapter 10. Regulation of Disclosure, Fraud, and Insider Trading 

Table of Cases 
Index