Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Providing critical insights on the development of laws governing business organizations, including both general and limited partnerships, corporations, and limited liability companies (LLCs), Shawn Bayern expertly introduces and analyzes the modern forms of US business organizations. With particularly in-depth coverage of the common law of agency and important changes within the field, he emphasizes the range and flexibility of modern business forms. Bayern’s evaluation is critical and analytical, while still being an approachable introduction to a complex legal field. Key Features: Incorporates significant material on small, ‘closely held’ corporations and LLCs Takes a modern and functional approach to the subject of business organizations Explores popular misconceptions surrounding business law and encourages readers to evaluate and critique existing legal doctrines and statutes This Advanced Introduction to Business Organizations is an invaluable resource for law students and researchers in the fields of corporate, company, and business law and governance. Business and economics students will also find this book beneficial to aid their understanding of a variety of US organizations and the nuances of the laws applicable to them.