Agency, Partnership, and the LLC in a Nutshell
Rights and Duties Between Principal and Agent, Partners, and Members of an LLC; Vicarious Tort Liability; Express, Implied and Apparent Authority; Inherent Agency Power; Undisclosed Principal; Ratification; Notice, Notification, Imputed Knowledge; Termination of Authority; Partnership Formation, Operation and Termination; Fiduciary Duties Among Partners; Right to an Accounting; Creditors' Rights Against Partners and the Partnership; Dissociation and Dissolution; Winding-Up; Liquidation. Limited Partnership and the LLC: Creation, Operation and Dissolution.
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action agency relationship agent for service apparent authority apply articles of organization assets caused claim common law company's business conduct consent continuing the business contract corporation court creditors debts dissociated partner dissolution and winding dissolved distributional interest duty of loyalty employee estoppel existence fiduciary duties filed foreign limited liability indemnity independent contractor law of agency limited liability company limited partner limited partnership loss member-managed ment merger negligence nership notice obligations operating agreement otherwise partner's dissociation partner's interest partner's right Partnership Act partnership agreement partnership business partnership or limited partnership property payment plaintiff principal's profits purchase reasonable record respondeat superior rights and duties rule RULPA RUPA Secretary Section servant service of process ship specified statement statute surviving entity term termination third party tion tort trade secret trust undisclosed principal Uniform Partnership Act unless vicarious vicarious liability