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In addition to its coverage of agency and partnership, the new edition of Agency and Partnership Law adds coverage of limited liability partnerships and limited liability companies. Because the authors feel that agency law is the foundation on which the law of business firms is built, the second edition retains substantial treatment of both the contract and tort aspects of agency law. It integrates problems into the text to facilitate teaching by the problem method and introduces a transactional perspective by using problems that ask students to structure transactions so as to achieve client goals while addressing the concerns raised in the materials. The new edition also continues to cover the various unincorporated firms by comparing and contrasting their functional characteristics.Although the authors retain many of the standard teaching cases, most of these cases are covered via case digests that appear in the notes following the principal cases. The cases presented not only emphasize the continuing relevance of agency and partnership, but also highlight the actual and legal contexts in which agency and partnership issues arise. The book contains extensive textual notes and case digests. The primary focus will be on planning and structuring unincorporated businesses.
This is a comprehensive guide to the law relating to this particular type of corporate vehicle, which combines a degree of protection from personal liability with the traditional flexibility of a partnership.
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As a part of our CasebookPlus offering, you'll receive the print book along with lifetime digital access to the eBook. Additionally you'll receive the Learning Library which includes quizzes tied specifically to your book, and outline starter and digital access to leading study aids in that subject and the Gilbert Law Dictionary. This title covers the law of business associations for introductory courses. It discusses business organizations, including agency, general partnerships, closely held corporations, publicly held corporations, limited partnerships, limited liability partnerships, and limited liability companies. The material on the unincorporated business forms has been revised, updated, and expanded to reflect the centrality of these forms of business organization in modern law practice and in the economy generally. Among other state and model statutes, the Revised Uniform LLC Act (2006), the Revised Uniform Partnership Act (1997), the Uniform Limited Partnership Act (2001), and the Third Restatement of Agency (2006) are discussed and cited.
Important features of Business Associations, Fourth Edition, include: * Complete & developed materials on agency & partnership reflecting the authors' view that a good background in agency & partnership principles is important for its own sake, & for the study of corporate law * Problems helpful in illustrating material * Attention to the lawyer as planner, as opposed to litigator or critic.
Rights and Duties Between Principal and Agent, Partners, and Members of an LLC; Vicarious Tort Liability; Express, Implied and Apparent Authority; Inherent Agency Power; Undisclosed Principal; Ratification; Notice, Notification, Imputed Knowledge; Termination of Authority; Partnership Formation, Operation and Termination; Fiduciary Duties Among Partners; Right to an Accounting; Creditors' Rights Against Partners and the Partnership; Dissociation and Dissolution; Winding-Up; Liquidation. Limited Partnership and the LLC: Creation, Operation and Dissolution.
This supplement is designed for a basic business organizations course focusing on corporations, limited liability companies, and partnerships. Statutes include up-to-date versions of the Model Business Corporation Act (along with the official comments) as well as the Uniform Partnership and Limited Partnership acts. The supplement also contains the Delaware Corporation Law and Delaware's Limited Liability Company Act. Selections from the federal securities laws that are typically covered in the basic business organizations course are also included. The supplement also contains some sample corporate documents, including a certificate of incorporation, bylaws, and minutes. These documents give the students hands-on exposure to documents talked about in class. Even with these sample documents and expanded coverage of the Model Business Corporation Act, the supplement retains a manageable size.
An edited compilation of statutes, rules, and forms for use in the typical Corporations or Business Associations class, current through the Spring of 2023, including appropriate selections from: Model Business Corporation Act (with Comments) Delaware General Corporation Law California Corporations Code New York Business Corporation Law Derivative Complaint -Walt Disney Litigation Securities Act of 1933 and Securities Exchange Act of 1934 (including Rules and Forms) New York Stock Exchange Listing Standards Uniform Partnership Acts of 1914 and 1997 Delaware Revised Uniform Limited Partnership Act Delaware Limited Liability Company Act Uniform Limited Liability Company Act (2006) Restatement (Third) of Agency