Enterprise Organization: Cases, Statutes, and Analysis on Licensing, Employment, Agency, Partnerships, Associations, and Corporations

Enterprise Organization: Cases, Statutes, and Analysis on Licensing, Employment, Agency, Partnerships, Associations, and Corporations

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We have sought in this coursebook to provide to our students an overview of the entire range of business and nonprofit organizations. We believe that lawyers should be familiar not only with the corporate form of organization, which continues to dominate most elements of big business, but also with the partnership form, in which both large and small businesses have shown renewed interest, and with individual proprietorships, which far outnumber partnerships and corporations combined. As in earlier editions of this book, we probe beyond the rules applicable to particular organization forms, discussing in detail the legal principles applicable to the structure and operations of all enterprises. We have included legal and economic materials on the principles applicable to the structure and operations of all enterprises. We have included legal and economic materials on the principles of agency in tort and contract, which are inescapably involved in nearly every contact between enterprises of every form and the public with which they deal, whether for good or evil. We aspire not only to enlighten our readers about the rules of decision, but also to provoke serious examination of the social and economic policies that may be served or disserved by legal rules. In this edition we continue to present comparative materials from other legal systems, and we offer considerably expanded materials on economic theory, with the hope that these may enhance understanding and evaluation of existing and proposed legal structures in this country. Throughout the text, we have deleted or summarized older cases and added contemporary cases, notes and articles. The materials on general and limited partnerships have been expanded to reflect the increased use of these forms in both small and large enterprises, as well as the dramatic changes in substantive law represented by widespread adoption of the Revised Uniform Limited Partnership Act and major changes to the tax laws relating to partnerships. In the corporate area, comments and references are now keyed to the Revised Model Business Corporation Act. The discussions of distributions and major corporate changes have been extended, and the contemporary phenomenon of tender offers has been given substantial attention. We have designed the coursebook to be used with a separate statutory supplement. This arrangement permits readers to have simultaneously before them a case or comment, and the statute involved. It also permits the student to become familiar with the structure of the entire statute, and to see how each provision relates to others. This edition carries forward the organization and approached that have been welcomed by teachers in three preceding editions under this title and in three before them under the title of “Business Organization.” We hope that this successor edition will help future attorneys to understand the structure of the organizations that conduct most of our economic life, and to promote the interests not only of their clients but of the society in which they all play a role.

Publication Date

1987

Edition

4

Enterprise Organization: Cases, Statutes, and Analysis on Licensing, Employment, Agency, Partnerships, Associations, and Corporations

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