There are over 17 million unincorporated proprietorships, 1.7 million partnerships, and just under 1 million limited liability companies in the United States. Transactional lawyers routinely encounter them in both simple mom-and-pop operations and such sophisticated settings as the limited liability companies used as special purpose entities by Enron. Yet, these entities get very little coverage in the law school curriculum � at most, just a few classes in Business Associations. UNINCORPORATED BUSINESS ASSOCIATIONS revives the old-time �Agency and Partnership� class to cover the theoretical, legal, and business context of unincorporated firms. The course begins with a detailed treatment of agency law and then moves into a block of material on general partnerships. The final block of material is devoted to the increasingly important area of unincorporated limited liability entities, including: limited partnerships, limited liability companies, and limited liability partnerships. There is some overlap between
UNINCORPORATED BUSINESS ASSOCIATIONS and the agency/partnership portions of Business Associations, but most of the material in this course is new. Accordingly, this course is open to students who have taken Business Associations. Business Associations is not a prerequisite.