Agency Partnerships and LLCs 2d (Concepts and Insights)

About this book

This text provides a reader-friendly accessible overview of unincorporated business associations. While emphasizing the doctrinal issues taught in todays unincorporated business associations classes it places significant emphasis on economic analysis of the major issues in that course. The second edition has been comprehensively updated. It includes extensive new treatment of the now final Restatement (Third) of Agency and amendments to the various uniform acts governing unincorporated business associations. The coverage has been expanded to include additional topics especially in the chapter on limited liability companies so as to reflect their continually growing popularity as a choice of form for small businesses. Among these new topics are single member LLCs shelf LLCs conversion to an LLC from other forms of business organizations promoters duties non-profit and low profit LLCs and freedom of contract in LLC law.