Overview of Major Topics Covered:
Creation of Agency Relationship; Types of Agents & Principals; Agent’s Authority to Bind Principal in Contract; Contract Liability of Principal-Agent to Third Party; Agency Tort Liability; Fiduciary Duties of Agent to Principal—Principal to Agent—Termination of Agency; Introduction—Creation of General Partnership; Nature of a Partnership; Partner’s Authority to Bind the Partnership—Fiduciary Duties of Partners; Termination of Partnership; Nature of a Limited Partnership—Rights and Liabilities of Limited Partners; Rights, Duties and Liabilities of General Partners—Dissolution—Distribution of Assets; Nature of an LLP—Limits of the Liability Shield—Fiduciary Duties of LLP Partners—Dissolution; Nature of an LLC—Liability of Members and Managers—Transfer of Ownership—Dissolution