Agency, Partnership, and the LLC

Section 1, Fall 21

Schedule Information

Enrollment: 47/50
Credits: 4
Day Time Room Start Date End Date
  • MTR
  • 1410-1530
  • SL262
08/26/2021 11/30/2021

Course Description

This course is a basic component of the business law curriculum. It covers the agency relationship and its consequences, focusing on such topics as contractual authority, vicarious liability, and fiduciary obligation. The course also serves as an introduction to the primary noncorporate business organizational forms involving co-ownership, including general partnership, limited liability partnerships (LLPs), and limited liability companies (LLCs). Because lawyers are agents of their clients and many lawyers practice in one of these types of business organizations, this course will be useful for most lawyers. The course also provides future transactional lawyers with the basic tools necessary to help clients structure their affairs to achieve their business goals, including minimizing unwanted liability. The course will also be useful for lawyers who plan to engage in business litigation.

Course Requirements

Exam Info:
Final Type (if any): Flex
Description: Flex exam at end of semester.

Written Work Product
Written Work Product:

Other Work

Other Course Details
Prerequisites: None Concurrencies: None
Mutually Exclusive With: None
Laptops Allowed: Yes
First Day Attendance Required: No
Course Resources: To be announced.
Course Notes:

Graduation Requirements

*Satisfies Writing Requirement: No
**Credits For Prof. Skills Requirement: No
Satisfies Professional Ethics: No

*If “Yes,” then students are required to submit a substantial research paper in this course, which means students do not need to submit any form to SRO for this paper to meet their upper-level writing requirement. If “No,” then students must submit a “special request” e-form to SRO (available via LawWeb) no later than five weeks after the start of the term for a paper in this class to be counted toward the upper-level writing requirement.

**Yes indicates course credits count towards UVA Law’s Prof. Skills graduation requirement, not necessarily a skills requirements for any particular state bar.

Schedule No.
Law No.
Modified Type
Cross Listed: No
Cross-Listed Course Mnemonic:
Public Syllabus Link: None
Evaluation Portal Via LawWeb Opens: Tuesday, November 23, 12:01 AM
Evaluation Portal Via LawWeb Closes: Friday, December 03, 11:59 PM