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

Spring 2018 Schedule


Tuesdays and Thursdays 08:00-9:15 - SSH 328

Date

Topics

Links

January
16 Introduction/Administrative Details
18 Chapter 1 – Introduction to Law

23 Chapter 3 – Civil Dispute Resolution - from beginning of chapter through page 55.
25 Finish Chapter 3.
30 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
February
1 Monday classes meet - no class
6 Chapter 7 – Intentional Torts - beginning of chapter to page 143 (ending at "Invasion of Privacy")
8 Finish Chapter 7.
13 Chapter 8 – Negligence and Strict Liability – beginning of chapter to page 169 (ending at “Defenses to Negligence”)
15 Finish Chapter 8
20 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
20 8:00 p.m. - Review Session for First Test

22 First Test
27 Chapter 9 – Introduction to Contracts
March
1 Chapter 10 – Mutual Assent
6 Finish Chapter 10.
8 Chapter 12 – Consideration
13 Finish Chapter 12.
15 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).
20 Chapter 15 – Contracts in Writing
Beginning of chapter to page 316 (ending at "Parol Evidence Rule").
22 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
3/22-4/2 SPRING BREAK
April
3 Chapter 28 – Relationship of Principal and Agent
3 8:00 p.m. - Review Session for Second Test

5 Second Test
10 No Class - FTX
12 Chapter 30 – Formation and Internal Relations of General Partnerships
17 Finish Chapter 30;
Chapter 33 – Nature and Formation of Corporations - beginning of chapter to page 734 (ending with "Formation of a Corporation").
19 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")
24 Chapter 32 – Limited Partnerships and Limited Liability Companies
We will cover only pages 710-720 having to do with Limited Liability Companies.
24 8:00 p.m. - Review Session for Third Test

26 Third Test
May
1 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

3 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)

Today Homes, Inc. v. Williams, Virginia Supreme Court, September 15, 2006

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

Link to Today Homes, Inc.

5 9:00 a.m. - Review Session for Final Exam.

9 2:00 p.m. - Final Exam.