This lesson is best used after studying Federal Income Taxation: Property Transactions, in class. The lesson includes problem sets to work through, allowing you to apply the Code and Regs. to a variety of situations involving capital gain and capital loss mechanics.
Read moreThis lesson is best used after studying Federal Income Taxation: Property Transaction, in class. The lesson includes problem sets to work through, allowing you to apply the Code and Regs. to a variety of situations involving exclusion of gain on the sale of a principal residence, under IRS Code section 121.
Read moreThis lesson is best used after studying Federal Income Taxation: Property Transactions, in class. The lesson includes problem sets to work through, allowing you to apply Internal Revenue Code section 1221(a).
Read moreThis lesson is about Legal Encyclopedias in print format. As one of the main types of secondary resources for legal research, Legal Encyclopedias can be useful for a variety of basic legal research tasks. This lesson will give you an overview of legal encyclopedias, explain how they are used in legal research, and run through a couple of hypotheticals. The lesson focuses on one of the two legal encyclopedias covering American Law in general - American Jurisprudence 2d (Am. Jur. 2d) - and gives some examples of state legal encyclopedias.
Read moreThis lesson will take you through the process of updating statutes. It is an advanced lesson that builds on concepts developed in the CALI lessons, Introduction to State and Federal Statutes and Codification. This lesson assumes a basic understanding of statutes including how they are created and codified.
Read moreLaw school creates a competitive environment with significantly more work than most undergraduate programs. The new expectations and environment increases anxiety and stress for many students. This lesson introduces basic skills to help students practice mindfulness and stay in the present despite the numerous stressors.
Read moreThis lesson will familiarize students with the "Unocal Doctrine", a standard of judicial review under Delaware law. The Unocal doctrine applies to a board's defensive conduct when opposing a hostile takeover and attempting to prevent a change of corporate control.
Read moreThis lesson discusses judicial review of director's conflicting interest transactions under subchapter F of chapter 8 of the revised Model Business Corporation Act. The definition of "director's conflicting interest transaction" is not discussed; that is dealt with in a companion lesson, What is a Director's Conflicting Interest Transaction? The two lessons may be done in either order.
Read moreThis exercise gives a basic overview of the types of equitable remedies. You need not have read any particular materials or taken any particular law school courses in order to complete the tutorial. It can be used to provide background in your courses where equity is especially relevant or to review the types of equitable remedies for use in a remedies course.
Read moreThis is a lesson that introduces the basics of valuation. The lesson teaches about moving money through time using rates of interest or discount, and the use of rates and of price/earnings ratios to value businesses. The lesson does not assume any economic knowledge. If you already know the basics of valuation, then you should switch to the lesson on the Capital Asset Pricing Model.
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