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Week 1 Study Guide: Legal Forms of Business and Alternative Dispute Resolution

Readings and Key Terms

Ch. 3 of Business Law

Pleadings
Discovery
Settlement conference
Trial
Rebuttal
Rejoinder
Appeal
Alternative dispute resolution
Arbirtration clause
Federal Arbitration Act
E-courts and E-dispute resolution

Ch. 34

Entrepreneurship
Sole proprietorship
General partnership
Limited partnership
Limited liability partnership
Limited liability company
Corporation

Ch. 35

Limited partnerships
Special partnerships
General partners
Limited partners
Revised Uniform Limited Partnership Act (RULPA)

Ch. 36 *
Corporation
Articles of incorporation
Corporation types
Common stock
Preferred stock
Debt securities
Debt instruments
Dissolution

Ch. 39

Limited liability company
Limited liability company dissolution
Limited liability partnership *
Ch. 40

Franchise
Distributorship franchise
Processing plant franchise
Processing plant franchise
Area franchise

Content Overview

Judicial, alternative, and e-dispute resolution

Pretrial litigation process

Pleadings

* Party who sues files complaint * Based on complaint summons is issued * Answer is provided by person being sued * Cross-complaint can be filed by person sued in which case a reply must be sent by the original party * Discovery * Deposition is taken, which is oral testimony given prior to the trial * Interrogatories are written questions given by one party to the other * Production of documents are all of the documents that are secured by one party for use at trial * Settlement conference: a hearing before trial to facilitate a settlement * Trial * Jury selection using process of voir dire * Opening statements given by each party * Plaintiff’s case: has the

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