ContentPurpose of Activity: After completing this activity students will be able to explain the duties and liabilities of corporate directors.Course Competency: Describe the structure of a corporation.InstructionsContent:You are a paralegal in a corporate law firm. Your supervising attorney is working on implementing new generalized trainings that he could present to the Board of Directors of various corporations he represents. The trainings are meant to explain the duties and liabilities of board members in an easy to understand manner. He has asked you to prepare a PowerPoint presentation explaining at least the following: (1) the duty of obedience (2) the duty of care (3) the duty of loyalty (4) corporate director liabilityFormat:You should prepare at least 5 slides, using proper spelling and grammar. You should include at least 3 primary legal sources, properly formatted, in your slides.Resources: Microsoft PowerPoint. (If you do not have access to PowerPoint, you can use Word, with each page representing a new “slide”).

Leisure Interviews The purpose of this assignment is for students to demonstrate an understanding of the correlation of leisure involvement to overall personal health and lifelong learning and satisfaction across multiple age groups/levels. Students will conduct 4 separate personal interviews that will span four generations: Interview 1 ~ 70 or olderInterview 2 ~ 50 to 69 y.o.Interview 3 ~ 30 to 49 y.o.Interview 4 ~ An individual younger than 25 Students are required to choose an individual in each age category and talk with them about leisure. The interview/discussion should help the student gain a further understanding of various individual’s perception of leisure and how “leisure attitudes” have changed over time. Students should be able to increase their understanding of the benefits of participation in a variety of leisure opportunities and the relationship to a healthy and satisfying life across the lifespan.  Potential questions that students may ask, include, but are not limited to:  What is your leisure participation now versus when you were in your teens, 20’s, 30’s, 40’s?  How was leisure perceived when you were younger?  How do you think that leisure in society has changed?  How do you think it may change in the next 25 years?  Why?  How would you define leisure?  What are the benefits of leisure?  What influenced your decision on what activities you participated in?  Does your spouse, family, friends share in your same leisure interests? Students will share their findings through a 1-2 page paper.  The paper will contain a summary of each interview (1-2 paragraphs each). Students will then compare/contrast their interview findings (1-2 paragraphs).  The final 1-2 paragraphs should demonstrate the student’s knowledge acquisition by relating the interview content to the core concepts discussed in this course.  This should include citations from course learning modules and/or assigned readings. 

1. What are the direct and indirect costs of bankruptcy? Briefly explain each. Additionally, some firms have filed for bankruptcy because of actual or likely litigation-related losses. Is this proper use of the bankruptcy process? 2. Explain the use of dividends versus repurchases? Specifically, when might a company use a dividend and when they might use a stock repurchase? Consider recent examples in the financial news.