Test Bank for Business Law in Canada, 13th edition by Richard A. Yates.pdf

,Businessm Lawm inm Canada,m 11em(Yates)mChapt
erm1m ManagingmYourmLegalmAffairs

1) Inmthemcontext mof mamsophisticated mclient,m"sophisticated"mcanmbest mbemdefined mas
A) complicated,mself-reliant,mand mcosmopolitan.
B) refined mand mcultured.
C) simplemand mnaïve.
D) confident,mknowledgeable,mand mupmtomdate.
E) aggressive,mdynamic,mand mforceful
.mAnswer:m D
Diff:m1 Type:mMC PagemRef:m2
Topic:m Ch.m1m-
mBecomingmamSophisticated mClient mSkill:m Recall

Objective:m Chapterm1:m1.mExplainmthemmeaningmof m"sophisticated mclient.
"mBloom'smTaxonomy:m Knowledge

2) Whichmof mthemfollowingmbest mdescribesmthemlikelihood mof mamstudent mbecomingminvolved mi
nmamsituationmnecessitatingmlegalmadvice?
A) A mstudent,mormsomeonemclosemtomamstudent,msometimesmbecomesminvolved minmsuchmamsituation.
B) A mstudent,mormsomeonemclosemtomthemstudent,mwillmalwaysmbecomeminvolved minmsuchmamsituation.
C) Becausemstudentsmaremnot mbusinessmpeople,mtheymnevermbecomeminvolved minmsuchmsituations.
D) Becausemstudentsmcannot mbemsophisticated,mtheymwillmoftenmbecomeminvolved minmsuchmsituations.
E) Legalmadvicemismnot mavailablemtomstudent
s.mAnswer:m A
Diff:m1 Type:mMC PagemRef:m2
Topic:m Ch.m1m-
m"I mThinkmI mNeed mLegalmAdvice..."mSkill:m Applied

Objective:m Chapterm1:m1.mExplainmthemmeaningmof m"sophisticated mclient.
"mBloom'smTaxonomy:m Knowledge

3) Becomingmamsophisticated mclient mwill
A) ensuremthat mambusinessmpersonmnevermneedsmamlawyer.
B) helpmambusinessmpersonmmanagemhermlegalmaffairsmmoremefficientlymand meffectively.
C) result minmambusinessmpersonmdevelopingmambiasmagainst mlawyers.
D) relievemambusinessmpersonmfrommhavingmtomconduct mlegalmresearch.
E) protect mambusinessmpersonmfrommneedingmlegalmadvic
e.mAnswer:m B
Diff:m2 Type:mMC PagemRef:m2
Topic:m Ch.m1m-
m"I mThinkmI mNeed mLegalmAdvice..."mSkill:m Applied

Objective:m Chapterm1:m1.mExplainmthemmeaningmof m"sophisticated mclient.
"mBloom'smTaxonomy:m Knowledge




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Copyright m©m2017 mPearson mCanada,mIn
c.

,4) Havingmamgood mlawyermonmyourmteammis
A) usuallymtoomexpensivemtombemworthwhile.
B) onlymnecessarymformlargemcompanies.
C) amgood malternativemtombecomingmamsophisticated mclient.
D) amlegalmrequirement mpriormtomincorporatingmambusiness.
E) amcriticalmcomponent mof mbeingmamsophisticated mclien
t.mAnswer:m E
Diff:m3 Type:mMC PagemRef:m3
Topic:m Ch.m1m-
mBecomingmamSophisticated mClient mSkill:m Applied

Objective:m Chapterm1:m1.mExplainmthemmeaningmof m"sophisticated mclient.
"mBloom'smTaxonomy:m Knowledge

5) Whichmof mthemfollowingmbest mdescribesmthemrolemof mthemlawyer?
A) Themlawyermmakesmthemlegalmdecisionsmformthemclient.
B) Themlawyermismsimplymonemof mthemexpertsmthembusinesspersonmconsults.
C) Themclient mmust mfollow mthemlawyer'sminstructions,masmlongmasmtheymaremlawful.
D) Themclient mmakesmdecisionsmregardingmcivilmmatters;mthemlawyermmakesmdecisionsmregardi
ngmcriminalmmatters.
E) Themlawyermmakesmdecisionsmregardingmcivilmmatters;mthemclient mmakesmdecisionsmregardi
ngmcriminalmmatters.
Answer:m B
Diff:m2 Type:mMC
PagemRef:m3mTopic:m Ch.m1m-
mThemRolemof mthemLawyermSkill:m Recall

Objective:m Chapterm1:m2.mExaminemthemrolemof mthemlawyer.mBloo
m'smTaxonomy:m Knowledge

6) Onemreasonmformamlackmof mrespect mformlawyersmismthat
A) manympeoplemdomnot munderstand mthemrolemof mthemlawyerminmthemsolicitor-client mrelationship.
B) lawyersmaremnot mbound mbymamcodemof mprofessionalmconduct.
C) lawyersmwhombreachmtheirmdutiesmaremgenerallymnot msubject mtomanympunishment.
D) lawyersmaremrarelymablemtomprovideminformationmormadvicemrelevant mtombusinessmmatters.
E) themcost mof mlegalmadvicemgenerallymoutweighsmitsmbenefi
t.mAnswer:m A
Diff:m2 Type:mMC
PagemRef:m3mTopic:m Ch.m1m-
mThemRolemof mthemLawyermSkill:m Recall

Objective:m Chapterm1:m2.mExaminemthemrolemof mthemlawyer.mBloo
m'smTaxonomy:m Knowledge




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Copyright m©m2017 mPearson mCanada,mIn
c.

, 7) Themrolemof mthemlawyermismto
A) providemlegalmadvicemrelevant mtomthemclient'smsituation,mwhichmthemclient mismfreemtomignore.
B) providemlegalmadvicemrelevant mtomthemclient'smsituation,mwhichmthemclient mhasmnomchoicembut
mtomfollow.

C) tellmclientsmwhat mtheymmust mdo.
D) tellmclientsmwhat mtheymmust mnot mdo.
E) delaymthemclient'smdecision-
makingmprocess.mAnswer:m A
Diff:m2 Type:mMC
PagemRef:m3mTopic:m Ch.m1m-
mThemRolemof mthemLawyermSkill:m Recall

Objective:m Chapterm1:m2.mExaminemthemrolemof mthemlawyer.mBloo
m'smTaxonomy:m Knowledge

8) Whichmof mthemfollowingmstatementsmbest mdescribesmsolicitor-client mprivilege?
A) Themlawyermmakesmthemlegalmdecisionsmformthemclient.
B) Themlawyermismthemonlymexpert mamclient mshould mconsult.
C) Themlawyermmust mfollow mthemclient'sminstructions,mevenmif mtheymaremillegalminmnature.
D) It mismthemdutymof mthemlawyermtomkeepmtheminformationmprovided mbymthemclient mconfidential.
E) Themlawyermmakesmdecisionsmregardingmcivilmmatters;mthemclient mmakesmdecisionsmregardi
ngmcriminalmmatters.
Answer:m D
Diff:m2 Type:mMC
PagemRef:m4mTopic:m Ch.m1m-
mThemRolemof mthemLawyermSkill:m Recall

Objective:m Chapterm1:m2.mExaminemthemrolemof mthemlawyer.mBloo
m'smTaxonomy:m Knowledge

9) Sophisticated mclients
A) domnot mrequiremthemservicesmof mamlawyer.
B) understand mthemimportancemof mthemsolicitor-client mrelationship.
C) distrust mand mderidemlawyers.
D) ismsomeonemwithmformalmlegalmtraining.
E) should mrepresent mthemselves,mrathermthanmpayingmformlegalmservice
s.mAnswer:m B
Diff:m2 Type:mMC
PagemRef:m5mTopic:m Ch.m1m-
mWhenmtomHiremamLawyermSkill:m Recall

Objective:m Chapterm1:m1.mExplainmthemmeaningmof m"sophisticated mclient.
"mBloom'smTaxonomy:m Knowledge




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Copyright m©m2017 mPearson mCanada,mIn
c.