The Law To Know

Free living map

Business Law: A Living Map

Business law starts with the form of the business (sole proprietorship, partnership, LLC or corporation), which decides liability and control. Governance sets who manages and the fiduciary duties they owe; commercial law governs sales, security interests, negotiable instruments and agency; and mergers and securities rules govern changes of control and the raising of money. Press Play to watch the map build, click an idea for its definition and the usual trap, or trace a short case. A simplified teaching map of the general approach (mainly US law); check the law where you work.

Hover over an idea to light up what it connects to, click it for its definition, minimum requirements, an example and the usual trap, press Play to watch the map build step by step, or trace a short case through it.

Simplified teaching map, in general terms. Check the law where you work. On a small screen, scroll the map sideways.

Learn it properly

The full lecture, exercises and quiz behind this map are in Business Law: Module 1, and that module is free to read.

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