Agency, Partnership, and the LLC

Section 1ZO, Fall 20

Schedule Information

Enrollment: 44/49
Credits: 4

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:
Midterm Type (if any): None
Description: None

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

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 Notes: This class will meet entirely online. Class will take place synchronously via Zoom. Any additional remote learning details from the instructor will be posted to the course's Canvas page at a later date.

Graduation Requirements

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

*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.

General Information

Schedule No.
Law No.
Modified Type
Cross Listed: No
Cross-Listed Course Mnemonic:
Public Syllabus Link: None
Evaluation Portal Via LawWeb Opens:
Evaluation Portal Via LawWeb Closes: