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Elegantly written, thoughtful and often amusing, the second edition of Business Organizations analyzes the law of business organizations: corporate law, partnership and LLC law, agency, and selected aspects of securities regulation. In clean, uncomplicated prose, the text offers a clear and thoughtful overview of Business Organizations, explaining the structure of the law itself, placing it within an historical context, and outlining its economic effect. By integrating basic principles of business and finance in an unintimidating, uncomplicated manner, the text engages readers who have either an elemental or a sophisticated grasp of economics. Various pedagogical features support learning and facilitate use, such as the overview in each chapter, discussion of all the principal cases, extensive use of hypothetical examples, and more.