Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.
Required Text(s): 1. Jennings, M. (2018). Business: Its legal, ethical, and global environment (11th Edition). Cengage Learning, Boston, MA.
Chapter 16: Management of Employee Conduct, Agency Law
Chapter 17: Governance and Structure: Forms of Doing Business, and Appendix F
Chapter 18: Governance and Regulations: Securities Law, and Appendix E
Also, provide a graduate-level response to each of the following questions:
Discuss potential liability a principle may have to third parties based on the actions of an agent. What factors may limit this liability?
What general rights do shareholders hold in a corporation? How do these rights vary, if at all, based on different classes of stock?
Explain the difference in a corporate merger and a corporate consolidation, and include in your analysis supporting examples.