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Gain a practical and legal understanding of what it means to 'do business' in a state—covering statutory definitions, jurisdictional implications, and real-world legal consequences.
This course introduces the foundational concepts, legal frameworks, and practical implications of business regulation, focusing on statutory definitions, jurisdiction, case law, and the broader purposes and consequences of regulatory systems.
Explore the fundamental differences between statutory and common law jurisdiction, focusing on their origins, applications, and practical impacts within the U.S. legal system.
Gain a clear understanding of the legal definitions of 'resident,' 'domicile,' and 'citizen,' and learn how these terms impact jurisdiction, taxation, and regulatory obligations.
Learn how states legally define and regulate 'business' activities, including informal and small-scale endeavors, through statutory language, case law, and practical strategies to avoid unintended classification.