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About the Book

Business Organizations for Paralegals

Sixth Edition
Deborah E. Bouchoux
2012. 784 pages. ISBN: 978-1-4548-8086-6.
Instructor’s Manual with Test Bank and PowerPoint slides.

About the Book

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, Sixth 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:

  • Coverage of all the various types of business organizations, providing a basic and thorough understanding without overwhelming students.
  • Clear presentation designed for the paralegal student. Each chapter includes an introduction, a complete discussion of the topic, a section devoted to the tasks performed by paralegals, guide to both conventional and Internet resources to find additional materials and forms, discussion questions, and summary of key features.
  • Each of the forms of business organizations is 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. In addition, this text provides an entire chapter devoted to securities regulation.
  • Thorough and up-to-date treatment of topics
  • Useful exhibits and charts highlight important topics.
  • Sample forms integrated with the textual discussion throughout the book—forms updated in new edition.
  • 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.  Each chapter includes a list of relevant websites and a list of tasks commonly performed by paralegals
  • Each chapter in this text includes Internet questions, which require students to access Internet websites that they will be expected to be familiar with on the job to obtain answers to questions.
  • Complete ancillary package, including an instructor’s manual with a test bank, and PowerPoint slides.
New to the Sixth Edition:

  • New and updated charts demonstrating key principles of business organizations.
  • Discussion of new social enterprises that combine profit-making with social good, such as low profit limited liability companies (“L3Cs”), benefit or “B” corporations, and California’s flexible purpose corporation
  • Treatment of the financial crisis of 2008 and its continuing effects
  • Discussion of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and its provisions relating to say-on-pay and frequency votes and disclosure of golden parachutes
  • Review of new trends in corporate governance including the SEC’s notice and access rules, e-proxy provisions, and continued trend toward electing directors by majority  rather than plurality vote
  • Discussion of new algorithmic or high-frequency trading of stocks, in which millions of shares are traded each day, with some held only for fractions of seconds and the part this may have played in the “flash crash” on Wall Street in 2010
  • Review of proposals for and proposed legislation in Congress to change securities regulations to make it easier for smaller companies to raise capital, including raising capital by crowdfunding 
  • Treatment of the trend toward “reverse mergers” to avoid regulatory oversight
  • Review of constituency statutes that require directors to consider more than pure profit when making corporate decisions
  • Discussion of new DB(k) retirement plans that combine features of pension plans with those of 401(k)s
  • New and updated sample forms 
  • Web site addresses have been updated as online form banks and useful practice tools continue to be posted on Internet sites.