Book Description

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.