This course is a survey of the law of business associations, emphasizing corporations and issues and problems relating to corporate governance. The course covers publicly and closely held corporations, the organization of business associations, the distribution of power and control between management and shareholders, with a focus on the fiduciary duties of directors and officers. In this regard, students explore the developing notions of fiduciary duties to shareholders and other stakeholders. The course explores the rapidly evolving nationalization of corporate governance standards and its implications. The course further focuses on practical application of the material by applying the fundamentals of corporate organization through collaborative class exercises.