JURIST >> LEGAL RESEARCH >> Law Guides >> Business Associations 
   ... edited by Robert Lawless, University of Missouri-Columbia School of Law

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From the Editor...

Business Associations studies the organization of economic activity within a firm. A business associations law should provide a legal framework for parties to minimize the costs of a business transaction, including the costs to others that might be caused by the business operations. Competent legal professionals then engineer particular business transactions to fit within this legal framework. Traditionally, a Business Associations course would include the study of agency, partnerships, and corporations. Today, the course includes newer entities such as limited liability companies and limited liability partnerships.

The information revolution has dramatically changed the study of Business Associations. SEC documents now are available with a few clicks of the mouse. Buried within these filings are articles of incorporation, partnership agreements, and a plethora of other contracts. Legal scholars are increasingly incorporating these documents into their teaching and scholarship.

Suggestions for expanding or correcting this Guide are welcome. Please contact the editor at

Robert M. Lawless is an associate professor of law at the University of Missouri-Columbia. His research and teaching interests include business insolvency and financial distress as well as corporate law generally. In the 2000 fall semester, Professor Lawless will be a visiting professor at Washington University School of Law in St. Louis.