3rd Year Tutored Course
A corporation is a legal entity distinct from its owners and may be created by filing articles of incorporation with the state. The owners are shareholders and not generally liable for the debts of the corporation. The shareholders do not manage the corporation but is managed by an elected Board of Directors. A corporation is a person for due process, equal protection and attorney/client privilege but is not given 5th Amendment self-incrimination rights or protection under Article 4 Privileges and Immunities Clause. Corporation questions frequently come up on the Bar Exam, for they are ripe for a cross over question into Professional Responsibility (often involving a question of who the lawyer owes a fiduciary duty to). In this course, you will learn the power and purpose of corporations, their formation, the piercing of the corporate veil, equity securities, the Securities Act of 1933, Rule 10b-6 (insider trading), Rule 16-b (unlawful profit taking), and issues involving the shareholders and Board of Directors.
Bill Hansult is a practicing California attorney and launched Side-Bar to help students pass the California and UBE exams at the lowest possible cost. He spent two years developing a system that works for both California and UBE states. The program differs from many other programs because it does not use lectures.
Instead, he provides students with outlines, practice tests and a schedule. It is the same memory reinforcement system that Bill used to pass the California Bar exam several years ago. After students master a long outline, they move to smaller and smaller ones, until a week before the exam. At that point, students switch to a "Bar Bones" outline which includes everything in 12 pages and is used as a refresher.