Business Organizations: A Transactional Perspective teaches business organizations from a transactional practice perspective rather than a litigation-based one. By using this book, students will gain a solid foundation in the law of business organizations. Additionally, students will enhance their understanding of the business contexts in which the law operates, and they will gain an appreciation of the practice issues confronted by transactional lawyers when advising business organizations. The book incorporates both narrative text to explain core concepts of law and practice and actual statutory provisions, thus eliminating the need for a statutory supplement. Specific topics include forming, operating and terminating partnerships, corporations, and limited liability companies. Additionally, the book presents basic accounting and tax issues any transactional lawyer should know. The revised third edition features state and federal cases that are highly edited to show specific points of law pertinent to transactional practice. Serving as both an instructional textbook and preparation for the bar exam, Business Organizations: A Transactional Perspective can be used not only in law school courses, but in any graduate or undergraduate legal course on business organizations and associations, corporations, partnerships and limited liability companies.