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This is the most up-to-date guide to the law of business organizations on the market. It is a practical, how-to guide for use in the classroom for paralegal and lawyer training, and it is a highly useful desk reference students can use later in their offices as they practice in this area. Current forms and clauses throughout illustrate the rules described, and representative cases in each chapter demonstrate how the courts interpret that area of business organizations law. These tools, along with Internet resources and substantive explanations of the use of these tools in practice, make this required reading for legal professionals who want to excel in their work. Students, instructors, paralegals and attorneys have relied on this book for more than 30 years. Now, in its most current and modernized form, it is the only book on the market with such expansive information.