Stuvia.com /f- /fThe /fMarketplace /fto /fBuy /fand /fSell /fyour /fStudy
Material
TESTBANKBusinessLawinCanada13EditionbyR
/f /f /f /f /f /f /f /f /f
ichardYatesChapters1-16
/f /f /f
, Stuvia.com /f- /fThe /fMarketplace /fto /fBuy /fand /fSell /fyour /fStudy
Material
TABLE OF CONTENT
/f /f
1. Managing Your Legal Affairs /f /f /f
2. Introduction to the Legal System /f /f /f /f
3. The Resolution of Disputes: The Courts and Alternatives to Litigation
/f /f /f /f /f /f /f /f /f
4. Intentional Torts and Torts Impacting Business
/f /f /f /f /f
5. Negligence, Professional Liability, and Insurance /f /f /f /f
6. The Elements of a Contract: Consensus and Consideration
/f /f /f /f /f /f /f
7. The Elements of a Contract: Capacity, Legality, and Intention
/f /f /f /f /f /f /f /f
8. Factors Affecting the Contractual Relationship
/f /f /f /f
9. The End of the Contractual Relationship
/f /f /f /f /f
10. Agency and Partnership /f /f
11. Corporations
12. Employment
13. Intellectual Property /f
14. Real and Personal Property and Protection of the Environment
/f /f /f /f /f /f /f /f
15. Priority of Creditors
/f /f
16. Sales and Consumer Protection
/f /f /f
, Stuvia.com /f- /fThe /fMarketplace /fto /fBuy /fand /fSell /fyour /fStudy
Material
Ch /f1. /fManaging /fYour /fLegal /f Affairs
1. In /fthe /f context /f of /f a / f sophisticated / f client, /f "sophisticated" / f can /f best / f be /f defined / f as
a. complicated, / f self-reliant, / f and / f cosmopolitan.
b. refined / f and / f cultured.
c. simple / f and / f naïve.
d. confident, / f knowledgeable, / f and / f up / f to / f date.
e. aggressive, / f dynamic, / f and / f forceful.
2. Which /fof /fthe /ffollowing /fbest /fdescribes /fthe /flikelihood /fof /fa /fstudent /fbecoming
/finvolved /fi / f n /fa /fsituation /fnecessitating /flegal /fadvice?
, S tu v ia .co m - The Marketplace to Bu y an d S e ll /f y ou r/f S t ud y M at e ri al
a. A / f student, / f o r s o m e on e cl o se to a stud ent, /f so m e ti m e s be co m e s/f in vo lved / f in / f such / f a / f situation.
b. A / f student, / f or / f someone / f close / f to / f the / f student, / f will / f always / f become / f involved / f in / f such / f a
/ f situation.
c. Because / f students / f are / f not / f business / f people, / f they / f never / f become / f involved / f in / f such / f situations.
d. Because / f students / f cannot / f be / f sophisticated, / f they / f will / f often / f become / f involved / f in / f such / f situations.
e. Legal / f advice / f is / f not / f available / f to / f students.
3. Raman /fis /f a /f sophisticated / f client. /fThis /f means /f that /f she
a. understands / f how / f to / f manage / f a / f lawyer-client / f relationship.
b. has / f a / f law / f degree.
c. is / f a / f small / f business / f owner.
d. manages / f her / f legal / f affairs / f without / f assistance / f from / f a / f lawyer.
e. will / f probably / f never / f find / f herself / f in / f a / f situation / f necessitating / f legal / f advice.
4. Which / f of / f the / f following / f is / f not / f a / f good / f reason / f for / f a / f businessperson / f to / f seek / f advice / f from / f a
/ f lawyer?
a. The / f businessperson / f cannot / f find / f the / f necessary / f legal / f information.
b. The / f businessperson / f cannot / f understand / f the / f necessary / f legal / f information.
c. The / f necessary / f legal / f information / f is / f available / f online.
d. It / f would / f take / f too / f long / f for / f the / f businessperson / f to / f find / f the / f necessary / f legal / f information.
e. The / f businessperson / f is / f facing / f criminal / f charges.
5. For /fsophisticated /f clients, /f the /f availability /fof /f an /fabundance /fof /f legal /finformation /f online /fis
a. a / f negative / f development, / f because / f online / f information / f is / f rarely /faccurate / f or / f helpful.
b. a / f positive / f development, / f because / f it / f means / f that / f they / f will / f no / f longer / f need / f to / f retain
/ f lawyers / f as / f pa /frt /fof /ftheir /fteam.
c. a /fnegative /fdevelopment, /fbecause /faccessing /fthis /finformation /ftends /fto /fbe /fmore /fcostly /fthan
/fretaini / f ng /fa /flawyer.
d. a / f positive / f development, / f because / f it / f provides / f greater / f access / f to / f information / f they / f can
/ f use / f as / f par /ft /fof /ftheir /fdecision-making /fprocess.
e. a / f neutral / f development, / f because / f lawyers / f are / f still / f the / f only / f ones / f able / f to / f access / f this
/ f information.
6. When /fsearching /f online /ffor /f legal /f information, /f it /fis / f best /f to
a. trust / f that / f if / f it / f is / f published / f online, / f it / f must / f be / f accurate.
b. never / f trust / f the / f information / f found / f on / f a / f website.
c. use / f American / f sources, / f as / f they / f tend / f to / f be / f more / f comprehensive / f than / f Canadian / f ones.
d. gauge / f the / f accuracy / f of / f the / f information / f by / f the / f look / f of / f the / f website.
e. seek / f input / f from / f a / f lawyer / f when / f answers / f cannot / f be / f readily / f found.
7. Sophisticated /fclients
a. do / f not / f need / f to / f retain / f a / f lawyer.
b. know / f that / f it / f is / f better / f to / f hire / f aKlawyer / f than / f to / f conduct / f research / f on / f one's / f own.
c. are / f willing / f to / f pay / f for / f legal / f advice / f at / f any / f cost.
d. tend / f to / f be / f embarrassed / f to / f request / f legal / f advice.
e. have / f the / f skill / f and / f confidence / f to / f find / f basic / f legal / f information.
Material
TESTBANKBusinessLawinCanada13EditionbyR
/f /f /f /f /f /f /f /f /f
ichardYatesChapters1-16
/f /f /f
, Stuvia.com /f- /fThe /fMarketplace /fto /fBuy /fand /fSell /fyour /fStudy
Material
TABLE OF CONTENT
/f /f
1. Managing Your Legal Affairs /f /f /f
2. Introduction to the Legal System /f /f /f /f
3. The Resolution of Disputes: The Courts and Alternatives to Litigation
/f /f /f /f /f /f /f /f /f
4. Intentional Torts and Torts Impacting Business
/f /f /f /f /f
5. Negligence, Professional Liability, and Insurance /f /f /f /f
6. The Elements of a Contract: Consensus and Consideration
/f /f /f /f /f /f /f
7. The Elements of a Contract: Capacity, Legality, and Intention
/f /f /f /f /f /f /f /f
8. Factors Affecting the Contractual Relationship
/f /f /f /f
9. The End of the Contractual Relationship
/f /f /f /f /f
10. Agency and Partnership /f /f
11. Corporations
12. Employment
13. Intellectual Property /f
14. Real and Personal Property and Protection of the Environment
/f /f /f /f /f /f /f /f
15. Priority of Creditors
/f /f
16. Sales and Consumer Protection
/f /f /f
, Stuvia.com /f- /fThe /fMarketplace /fto /fBuy /fand /fSell /fyour /fStudy
Material
Ch /f1. /fManaging /fYour /fLegal /f Affairs
1. In /fthe /f context /f of /f a / f sophisticated / f client, /f "sophisticated" / f can /f best / f be /f defined / f as
a. complicated, / f self-reliant, / f and / f cosmopolitan.
b. refined / f and / f cultured.
c. simple / f and / f naïve.
d. confident, / f knowledgeable, / f and / f up / f to / f date.
e. aggressive, / f dynamic, / f and / f forceful.
2. Which /fof /fthe /ffollowing /fbest /fdescribes /fthe /flikelihood /fof /fa /fstudent /fbecoming
/finvolved /fi / f n /fa /fsituation /fnecessitating /flegal /fadvice?
, S tu v ia .co m - The Marketplace to Bu y an d S e ll /f y ou r/f S t ud y M at e ri al
a. A / f student, / f o r s o m e on e cl o se to a stud ent, /f so m e ti m e s be co m e s/f in vo lved / f in / f such / f a / f situation.
b. A / f student, / f or / f someone / f close / f to / f the / f student, / f will / f always / f become / f involved / f in / f such / f a
/ f situation.
c. Because / f students / f are / f not / f business / f people, / f they / f never / f become / f involved / f in / f such / f situations.
d. Because / f students / f cannot / f be / f sophisticated, / f they / f will / f often / f become / f involved / f in / f such / f situations.
e. Legal / f advice / f is / f not / f available / f to / f students.
3. Raman /fis /f a /f sophisticated / f client. /fThis /f means /f that /f she
a. understands / f how / f to / f manage / f a / f lawyer-client / f relationship.
b. has / f a / f law / f degree.
c. is / f a / f small / f business / f owner.
d. manages / f her / f legal / f affairs / f without / f assistance / f from / f a / f lawyer.
e. will / f probably / f never / f find / f herself / f in / f a / f situation / f necessitating / f legal / f advice.
4. Which / f of / f the / f following / f is / f not / f a / f good / f reason / f for / f a / f businessperson / f to / f seek / f advice / f from / f a
/ f lawyer?
a. The / f businessperson / f cannot / f find / f the / f necessary / f legal / f information.
b. The / f businessperson / f cannot / f understand / f the / f necessary / f legal / f information.
c. The / f necessary / f legal / f information / f is / f available / f online.
d. It / f would / f take / f too / f long / f for / f the / f businessperson / f to / f find / f the / f necessary / f legal / f information.
e. The / f businessperson / f is / f facing / f criminal / f charges.
5. For /fsophisticated /f clients, /f the /f availability /fof /f an /fabundance /fof /f legal /finformation /f online /fis
a. a / f negative / f development, / f because / f online / f information / f is / f rarely /faccurate / f or / f helpful.
b. a / f positive / f development, / f because / f it / f means / f that / f they / f will / f no / f longer / f need / f to / f retain
/ f lawyers / f as / f pa /frt /fof /ftheir /fteam.
c. a /fnegative /fdevelopment, /fbecause /faccessing /fthis /finformation /ftends /fto /fbe /fmore /fcostly /fthan
/fretaini / f ng /fa /flawyer.
d. a / f positive / f development, / f because / f it / f provides / f greater / f access / f to / f information / f they / f can
/ f use / f as / f par /ft /fof /ftheir /fdecision-making /fprocess.
e. a / f neutral / f development, / f because / f lawyers / f are / f still / f the / f only / f ones / f able / f to / f access / f this
/ f information.
6. When /fsearching /f online /ffor /f legal /f information, /f it /fis / f best /f to
a. trust / f that / f if / f it / f is / f published / f online, / f it / f must / f be / f accurate.
b. never / f trust / f the / f information / f found / f on / f a / f website.
c. use / f American / f sources, / f as / f they / f tend / f to / f be / f more / f comprehensive / f than / f Canadian / f ones.
d. gauge / f the / f accuracy / f of / f the / f information / f by / f the / f look / f of / f the / f website.
e. seek / f input / f from / f a / f lawyer / f when / f answers / f cannot / f be / f readily / f found.
7. Sophisticated /fclients
a. do / f not / f need / f to / f retain / f a / f lawyer.
b. know / f that / f it / f is / f better / f to / f hire / f aKlawyer / f than / f to / f conduct / f research / f on / f one's / f own.
c. are / f willing / f to / f pay / f for / f legal / f advice / f at / f any / f cost.
d. tend / f to / f be / f embarrassed / f to / f request / f legal / f advice.
e. have / f the / f skill / f and / f confidence / f to / f find / f basic / f legal / f information.
