This book gives students taking the introductory course in business associations a succinct but reliable overview of the principal legal issues that arise in business relationships over the life cycle of the business. The book explains the basic concepts that govern these relationships and provides specific examples of how they apply. It also explains similarities and dissimilarities in the business associations covered. Finally, the book considers the background and interests in the course of the students. The book is intended to help students understand the course whether their background is in accounting or music.

Imprint: West Academic Publishing
Series: Nutshells
Publication Date: 12/03/2009

Joseph Shade, Texas A&M University School of Law


This title is available in our CasebookPlus format. Anchored by faculty-authored self-assessments keyed to our most popular casebooks, CasebookPlus allows students to test their understanding of core concepts as they are learning them in class.


Adopt the CasebookPlus option of your chosen text and provide your students with all the tools they need to gauge their understanding of the material—on their own, outside of the classroom, with no extra work on your part.

For faculty who wish to view their students’ quiz progress and results, we’ve added new optional customizable reporting capability that can help you evaluate your students’ understanding of the material. This feedback can also help your school demonstrate compliance with the new ABA Assessment and Learning Outcomes standards. Learn more about the reporting available to you from your Account Manager or view the course set-up instructions to get started.


Students purchasing a used book, or those who are renting their text, can still utilize all CasebookPlus digital resources by buying the digital only option.

The 3rd edition retains the same basic goals as earlier editions, namely explaining basic concepts governing business relationships as clearly and succinctly as possible. This edition also retains the same basic format as earlier editions, with several relatively minor changes. However, it includes numerous additional examples illustrating applications, updates the law and contains bottom line summaries of concepts and applications... More importantly, we have now had 15 years experience with LLCs and LLPs and the appeal of these relatively new forms of business associations has greatly increased their use among closely held businesses. In addition, the jurisprudence of these relatively new business associations has continued to expand. Accordingly, the space devoted to LLCs and LLPs was increased in this edition. Virtually all publicly held businesses are corporations and some closely held businesses continue to be organized as corporations. Although the same statutes govern

Learn more about this series.