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Exam (elaborations)

Law and Business Administration in Canada – 15th Edition (J. Smyth & Dan Soberman) – Complete Test Bank with Answers

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This document contains the full test bank for Law and Business Administration in Canada, 15th Edition by J. Smyth & Dan Soberman. It includes multiple-choice, true/false, and essay-style questions with correct answers for every chapter. Topics covered span from the role of law in society, the machinery of justice, and government regulation of business, to contract law, torts, corporate governance, international business transactions, electronic commerce, and privacy. The material is comprehensive and aligns with the entire textbook, making it a complete preparation resource for exams.

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Institution
Law And Business Administration In Canada
Course
Law and Business Administration in Canada











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Institution
Law and Business Administration in Canada
Course
Law and Business Administration in Canada

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Uploaded on
September 22, 2025
Number of pages
922
Written in
2025/2026
Type
Exam (elaborations)
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TEST BANK Law and Business
Administration in Canada, The 15th
Edition by J. Smyth & Dan Soberman
GUARANTEED PASS Q&As
TB
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, TABLE OF CONTENT

1. Law, Society, and Business

2. The Machinery of Justice

3. Government Regulation of Business

4. The Law of Torts

5. Professional Liability: The Legal Challenges

6. Formation of a Contract: Offer and Acceptance

7. Formation of a Contract: Consideration and Intention

8. Formation of a Contract: Capacity to Contract and Legality of Object

9. Grounds Upon Which a Contract May Be Set Aside: Mistake and Misrepresentation

10. Writing and Interpretation

11. Privity of Contract and the Assignment of Contractual Rights

12. The Discharge of Contracts

13. Breach of Contract and Its Remedies

14. Sale of Goods and Consumer Contracts

15. Bailment and Leasing

16. Insurance and Guarantee

17. Agency and Franchising

18. The Contract of Employment

19. Chapter 19: Negotiable Instruments

20. Chapter 20: Intellectual Property

21. Interests in Land and Their Transfer

22. Landlord and Tenant

23. Mortgages of Land and Real Estate Transactions

24. Sole Proprietorships and Partnerships

25. The Nature of a Corporation and Its Formation
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26. Corporate Governance: The Internal Affairs of Corporations

27. Corporate Governance: External Responsibilities
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,28. Secured Transactions

29. Creditors’ Rights

30. International Business Transactions

31. Electronic Commerce

32. Chapter 32: Privacy




Chapter 1: Law, Society, and Business
1) A simple definition of law would be misleading because law is so

a. bound up with the rule of law.

b. diverse and complex.

c. difficult to define.

d. none of the above

e. all of the above

Correct Answer: b Diff: 2 Type: MC

Topic: The Role of Law Skill: Recall



2) We need to have law because it

a. regulates individuals’ interactions with one another.

b. gives the government the power to act for the benefit of society in general.

c. provides an element of certainty in determining contractual and property rights.

d. protects persons, property, and society, and prohibits conduct that society believes is harmful.

e. all of the above

Correct Answer: e Diff: 2

Type: MC
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Topic: The Role of Law Skill: Recall
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, 3) The fact that laws that appear to be unjust must still be obeyed suggests that

a. justice is merely the result of the influence of ethics.

b. justice is merely a product of social morals.

c. there is a difference between good laws and bad ones.

d. in reality, we must think of justice as nothing more than the result of our legal system.

e. those who make the laws just do not care.

Correct Answer: d Diff: 3

Type: MC

Topic: The Role of Law Skill: Applied



4) The Canadian legal profession is organized on a provincial basis with each province having its
own ―bar‖ society. However, a member of any provincial bar may appear before

a. the House of Lords in England.

b. the International War Crimes Tribunal.

c. the Supreme Court of Canada.

d. any Human Rights Tribunal in any province.

e. any Landlord and Tenant Board Tribunal in any province.

Correct Answer: c Diff: 3 Type: MC

Topic: Legal Risk Management Skill: Recall



5) Joe hired Julie, a lawyer, to defend him on assault charges. At their first meeting he told her the
details concerning his involvement in the assault. After a dispute between Joe and Julie in relation to
legal fees, Joe decided to retain a new lawyer. The police attended at Julie’s office to ask her
questions concerning what Joe told her about the assault. In these circumstances

a. the solicitor/client privilege does not allow Julie to reveal any communications she had with
Joe without his approval.

b. given that the solicitor/client relationship has ended, Julie is at liberty to disclose the
information.

c. the solicitor/client privilege does not extend to admissions by clients of wrongdoing so
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communications must be disclosed.
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