Monday, February 11, 2013

How to have fun in corporation law

Today, we had a class on corporation law. It was an interesting class because one of my classmates asked a question about special power of attorney. Then, our professor asked the person who previously recited to answer the question. Another classmate disagreed. So the questioner qualified his statement.

After the break, three of my classmates got into a debate on the liability of a president of a corporation in an illegal dismissal case. One of them said that he should have been no liability because the corporation alone is liable. Two of them disagree and said that the president is jointly liable with the corporation. It was so funny to look at them and then at our professor who was smiling the whole time.

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