1. Understand the differences in liability and tax consequences of a sole proprietorship, partnership, limited partnership, limited liability companies, and limited liability partnerships.
2. Identify the basic steps to forming a corporation and what is important to consider in this formation process.
3. Explain the various ways a corporation may raise capital.
4. Explain the various roles and responsibilities of directors and officers of a corporation.
5. Understand the various shareholder rights in a corporation.