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Fall 2017
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Business Associations (LAW-611-003)
Kenneth Anderson

Meets: 01:00 PM - 02:50 PM (MW) - Room Y401

Enrolled: 74 / Limit: 80


Assessment: Take-home exam, Reflection statements


Business Associations is the most basic and, for most students, first course in business law. It covers fundamental legal issues in the creation of different types of business entities under relevant state and federal law, as well as their governance - with particular emphasis on the public corporation. Professor Anderson's BA section focuses on public corporations organized under the most important state law for incorporation - Delaware, with attention to the increasing role of federal law and regulations. The emphasis is on Delaware legal standards regarding the fiduciary duties of directors in the publicly traded corporation. The BA course also introduces important concepts and terminology in business and finance. The exam in Professor Anderson's BA section is a take-home examination - the drafting of a professional internal advice memorandum (possibly several) by a junior attorney to a supervising attorney, supplemented by reflection papers during the course of the semester.

Textbooks and Other Materials

The textbook information on this page was provided by the instructor. Students should use this information when considering purchases from the AU Campus Store or other vendors. Students may check here to determine if books are currently available for purchase online.

The following books are all required for Professor Ken Anderson's Fall BA course. (The best prices for the books are most likely online, on Amazon or another online bookseller.) It is essential that you get the exact edition specified - earlier editions are very different and will not work for the course. Other required materials and instructions will be announced/available on Mywcl. IMPORTANT NOTE: You will NOT need the textbooks during the first week of classes – this is so you do not have to buy the textbooks during add/drop period. Readings for the first week will be supplied on Mywcl. But you WILL need the textbooks by Week 2.

Commentaries and Cases on the Law of Business Associations
Fifth Edition (2016)
William T. Allen
Rainier Kraakman
  • Series: Aspen Casebook Series
  • Hardcover: 784 pages
  • Publisher: Wolters Kluwer; 5 edition (March 7, 2016)
  • Language: English
  • ISBN-10: 1454870613
  • ISBN-13: 978-1454870616

Statutory Supplement to Commentaries and Cases on the Law of Business Associations
2016-2017 Edition
William T. Allen
  • Paperback: 556 pages
  • Publisher: Wolters Kluwer; 2015-2016 edition (May 19, 2016)
  • Language: English
  • ISBN-10: 1454840544
  • ISBN-13: 978-1454840541

Corporations: Examples and Explanations
Eighth Edition (2015)
Alan R. Palmiter
  • Series: Examples & Explanations
  • Paperback: 864 pages
  • Publisher: Wolters Kluwer Law & Business; 8 edition (February 3, 2015)
  • Language: English
  • ISBN-10: 1454850167
  • ISBN-13: 978-1454850168

Accounting Made Simple: Accounting Explained in 100 Pages or Less
Mike Piper
(Either the Paperback or the Kindle Edition is Okay)
  • Paperback: 114 pages
  • Publisher: Simple Subjects, LLC (2013)
  • Language: English
  • ISBN-10: 0981454224
  • ISBN-13: 978-0981454221

First Class Readings

Not available at this time.


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