Agency, Partnership, and Limited Liability Associations | CSU College of Law Skip to main content
Extended block content
 

Student Resources

Records, Forms, and Academic Information.
Extended block content
 

CSU|LAW Faculty Blog

Stay up to date on the work and achievements of our faculty.
Extended block content
 

CSU|LAW Hall of Fame

Extended block content
 
Building Access and Research Services

 
Law Library Blog
Extended block content
 
Dean's Living Justice Living Leadership Podcast

 
Monday Morning Message
Extended block content
 
Support CSU|LAW

 
CSU|LAW Hall of Fame
Extended block content
 

Request Information

Get in touch about in-person and virtual events, sharing updates and announcements.
Extended block content
Extended block content
 

Join Us!

We are a community of leaders for justice.
Extended block content
 

Request Information

Get in touch about in-person and virtual events, sharing updates and announcements.
Extended block content
 

Academic Calendar

Extended block content
 

For Employers


 

Career Connect

Agency, Partnership, and Limited Liability Associations
Course number
LAW 691
Credit hours
3 Credit Hours
Description

Prerequisites: RCC*. This course provides an introduction to business associations. Employers and business entities, whether sole proprietorships, partnerships, or large corporations, utilize agents-- especially employees -- to effectuate their business objectives. Agency relationships can be formed intentionally or inadvertently, but regardless how they originate, the law imposes strict duties of conduct on both agents and their principals, and exacts severe penalties for their breach. The course examines the law of agency closely, including vicarious liability for wrongs of another and authority to bind another by assent or representation. Second, the course focuses on the law governing partnerships and addresses the complex intersection of agency and partnership law (i.e., the legal consequences of partners simultaneously being agents for the partnership as well as principals). Because the Uniform Partnership Acts impose numerous legal and economic risks for partners and partnerships, many business entities have reorganized to limit their liability consistent with the structures newly created by state statute, e.g., as a limited liability partnership or limited liability company. These diverse new statutory options for business organization constitute the final focus of the course. Required for the Business Law concentration.