Agency and Partnership
This course is a basic component of the business law curriculum. It deals with 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 partnership as the primary noncorporate business organizational form involving co-ownership. The course will include discussion of limited liability partnerships and may include discussion of limited liability companies as time permits. Although the course uses litigated cases as the primary material, it aims to provide future transactional lawyers with the basic tools necessary to help clients structure their affairs in a manner consistent with their business goals, including minimizing unwanted liability.
Flex exam at end of semester.
*Yes means professor requires everyone in the course to submit a substantial research paper (which is the requirement standard in Academic Policies), so no paperwork required to be submitted to SRO. No means student must timely submit paperwork to SRO if intending to use a paper in this course to satisfy the 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.