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welcome students to this video series on incorporation business associations begins with the meaning of business but businesses themselves begin with the incorporation process which is what were going to talk about in the next series of videos about how to actually start a new business venture in the form of a corporation in this video series were going to cover three topics involving incorporation the first being incorporating a delaware corporation and some of the decisions involved in whether or not to incorporate in delaware or elsewhere and then the process of how to go through that two defining corporate powers theres a doctrine called the ultravirus doctrine which states that if a corporation acts outside of its corporate powers that action is unlawful were going to try to avoid that and third speaking of lawful activity as lawyers we need to think about legal ethics legal ethics come into play and incorporation in some unusual ways because were representing a situation not