The Understanding Series titles are treatises on a specific area of law. They provide an in-depth discussion of the area of law and could be called paperback hornbooks. This book is designed to assist students with clear and comprehensive treatment of key concepts in corporate law. Significant business, economic, and policy issues are highlighted in connection with a thorough analysis of the important cases and statutory provisions used in the study of corporations. It includes the major theoretical approaches used in current corporate law literature. In each chapter, the authors identify important policies and discuss the relationship of the law as it has developed to those policies. Statutory issues are covered under both the General Corporation Law of the State of Delaware and the Revised Model Business Corporation Act. This book is designed to be used with all of the major corporate law casebooks.