NCA Business Organizations case studies
NCA Business Organizations · Put your knowledge to work in context.
Business Organizations is one of the subject examinations in the National Committee on Assessment (NCA) process administered by the Federation of Law Societies of Canada, the body whose site hosts the NCA portal. The NCA process assesses the education and experience of internationally trained lawyers and others seeking to qualify in Canada; candidates who are assigned a subject requirement demonstrate competence in that area by passing the corresponding examination. This page is an independent study resource for the Business Organizations subject area. It is not affiliated with, endorsed by, or operated by the Federation of Law Societies of Canada or the NCA, and nothing here should be treated as an official statement of NCA policy. The NCA Business Organizations case studies are 5 cases and about 3,794 words.
1The Deadlocked Two-Member LLC
Mira and Dev formed a two-member LLC three years ago to run a specialty coffee roastery. Their operating agreement is silent on deadlock, dissolution, and member exit, and it has no buy-sell provision.
792 words, about 4 min2The Promoter Who Took the Founder Shares
Priya incorporated a Delaware corporation, Northwind Labs, to commercialize a scheduling tool. She was the sole incorporator and initially the only shareholder, issuing herself 4,000,000 shares at 0.0001 par.
789 words, about 4 min3The Manager Who Paid Himself First
Ridgeline Holdings is a manager-managed LLC with four members: Alan, Beth, Chen, and Dana. Alan is the sole manager under an operating agreement that grants him "full authority to conduct the ordinary business of the company" and requires member approval only for sales of substantially all assets and admissions of new members.
777 words, about 4 min4The Partnership That Never Filed
Owen and Rachel have run a landscaping business together for five years. They never formed an entity, never signed a partnership agreement, and never filed anything with the state.
748 words, about 4 min5The Director Who Voted on Her Own Deal
Sentinel Devices Inc. is a closely held corporation with five directors and nine shareholders.
688 words, about 3 min