Bar Exam NY Business Relationships Flashcards
Master 9 ny business relationships concepts for the Bar Exam.
Corporations (BCL)
5 cardsQuestion
What must be included in a NY Certificate of Incorporation under the Business Corporation Law (BCL)?
Question
What is the unique NY rule under BCL 630 regarding shareholder liability for employee wages?
LLCs & Partnerships
4 cardsQuestion
What are the formation requirements for a NY LLC, including the unique publication requirement?
Question
What are the default management rules for a NY LLC in the absence of an operating agreement?
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