Virginia Military Institute
BU 316 - Legal Environment of Business


Roscoe B. Stephenson, III, J.D.
Attorney at Law


Scott Shipp Hall
Virginia Military Institute
Lexington, VA 24450

StephensonRB@vmi.edu

(540) 969-7242 phone

Click here for the syllabus.

Roscoe B. Stephenson, III, Attorney.  Click here for his biographical information and practice areas.
Roscoe B. Stephenson, III

Fall 2017 Schedule


Tuesdays and Thursdays 08:00-9:15 - SSH 328
Tuesdays and Thursdays 09:25-10:40 - SSH 328

Date

Topics

Links

August
31 Introduction/Administrative Details
September
5 Chapter 1 – Introduction to Law

7 Chapter 3 – Civil Dispute Resolution
12 Finish Chapter 3.

14 Chapter 29 - pages 633-635 (Beginning with "Vicarious Liability of Principal for Unauthorized Acts of Agent" and including the Rubin case).

Also: Gina Chin & Associates v. First Union Bank (click link to right).

Link to Gina Chin & Associates
19 Chapter 7 – Intentional Torts - beginning of chapter to page 143 (ending at "Invasion of Privacy")
21 Finish Chapter 7
26 Chapter 8 – Negligence and Strict Liability – beginning of chapter to page 169 (ending at “Defenses to Negligence”)
28 Finish Chapter 8
October
3 Negligent Hiring and Retention

Chapter 29 - pages 630-633 (Beginning with "Tort Liability of the Principal" and ending at "Vicarious Liability of Principal for Unauthorized Acts of Agent")

Also: Blair v. Defender Services, Inc. (click link to right).

Link to Blair
3 8:00 p.m. - Review Session for First Test

5 First Test
10 Chapter 9 – Introduction to Contracts
12 Chapter 10 - Mutual Assent
17 Finish Chapter 10.
19 Chapter 12 – Consideration
24 Finish Chapter 12.
26 Chapter 14 – Contractual Capacity
Beginning of chapter through page 292 (ending at "Liability for Misrepresentation of Age"); and
Pages 294 to end of chapter (beginning with "Incompetent Persons" to end of chapter).
31 Chapter 15 – Contracts in Writing
Beginning of chapter to page 316 (ending at "Parol Evidence Rule").
November
2 Chapter 17 – Performance, Breach, and Discharge
Disregard McDowell Welding & Pipefitting, Inc. v. U.S. Gypsum Co. on p. 354.
Substitute Associated Builders, Inc. v. Coggins (click link to right).
Link to Associated Builders
2 8:00 p.m. - Review Session for Second Test

7 Second Test
9 Chapter 28 – Relationship of Principal and Agent
14 Chapter 30 – Formation and Internal Relations of General Partnerships
16 Finish Chapter 30;
Chapter 33 – Nature and Formation of Corporations - beginning of chapter to page 734 (ending with "Formation of a Corporation").
11/17/17 CAD
to
11/26/17
THANKSGIVING BREAK
28 Chapter 35 - Management Structure of Corporations
Beginning of chapter to page 782 (ending with "Enforcement Rights of Shareholders"); and
pages 787 to end of chapter (beginning with "Role of Directors and Officers")
30 Chapter 32 – Limited Partnerships and Limited Liability Companies
We will cover only pages 710-720 having to do with Limited Liability Companies.
30 8:00 p.m. - Review Session for Third Test

December
5 Third Test
7 V. John Ella, The Lurking Menace of Duty of Loyalty Claims

Community Counseling Service, Incorporated v. Reilly, 317 F.2d 239 (4th Cir. 1963)

Link to article

Link to Reilly

12 Review §18.2-499 and §18.2-500 of the Code of Virginia, 1950, as amended. Read these before reading the Feddeman case.

Feddeman & Company, C.P.A., P.C. v. Langan Associates, P.C., et al., 260 Va. 35 (2000)

Discussion of ethics and review of duties of agent to principal.

Instructor evaluation.

Link to §18.2-499

Link to §18.2-500

Link to Feddeman

14 9:00 a.m. - Review Session for Final Exam

15 8:30 a.m. - BU316-02 Final Exam
20 2:00 p.m. - BU316-01 Final Exam