PA Bar Exam · Business Associations
Business Associations for the Pennsylvania Bar Exam
Business entities and relationships
54+ Cards43 Topics69% Pass Rate
What You'll Study in Business Associations
Corporations
LLCs
Partnerships
Corporations—Formation
Corporations—Registered Office/Service
Corporations—Powers/Ultra Vires
Corporations—Finance/Shares
Corporations—Shareholder Rights
Corporations—Shareholder Information
Corporations—Shareholder Meetings
Corporations—Shareholder Actions
Corporations—Board Procedure
Corporations—Director Conflicts
Corporations—Indemnification
Corporations—Officers
Corporations—Fundamental Changes
Corporations—Mergers
Corporations—Appraisal Rights
Corporations—Dissolution/Winding Up
Corporations—Dissolution/Compliance
Corporations—Foreign Entities
Corporations—Promoters/Preincorporation
LLCs—Operating Agreement
LLCs—Management/Authority
LLCs—Membership/Transfers
LLCs—Dissolution/Winding Up
Entity Filings—Authority Notices
Partnerships—Economic Rights
Partnerships—Agency/Authority
Partnerships—Property
Partnerships—Dissociation/Buyout
Partnerships—Liability/Notice
Limited Partnerships—Formation
Limited Partnerships—Liability/Management
LLCs—Creditor Rights
Partnerships—Creditor Rights
Entity Changes—Conversion/Domestication
Corporations—Special Forms
Corporations—Professional Entities
Corporations—Agency/Liability
Corporations—Shareholder Liability
Corporations—Distributions
Corporations—Judicial Dissolution
Sample Business Associations Questions
1What is a corporation?
2What fiduciary duties do directors owe under Pennsylvania law?
3What is an LLC under Pennsylvania law?
What You'll Master
Master entity formation requirements
Learn fiduciary duties (care, loyalty, good faith)
Memorize piercing the corporate veil factors
Understand shareholder rights and derivative suits
Nail agency principles and partnership rules
54+
Flashcards
43
Topics
69%
Pass Rate
912+
Students
Business Associations for Pennsylvania Bar Exam FAQ
What Business Associations topics are covered?
Our flashcards cover agency, partnerships (general and limited), LLCs, corporations (formation, management, fiduciary duties, shareholder rights), and fundamental corporate changes.
Are fiduciary duties explained clearly?
Yes. We break down the duty of care, duty of loyalty, and their sub-rules (business judgment rule, corporate opportunity doctrine, etc.) into clear, memorizable statements.
Do you cover both California and general rules?
Our flashcards focus on generally-tested principles that appear on most bar exams, with notes on significant variations where relevant.
How do flashcards help with entity comparison questions?
Bar exams often test entity differences. Our flashcards highlight what distinguishes corporations from partnerships from LLCs in terms of formation, liability, and management.
Other Pennsylvania Bar Exam Subjects
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