TEST BANK Business Law in Canada 13 Edition by Ri
u u u u u u u u u
chard Yates Chapters 1-16
u u u
,TABLE OF CONTENT
u u
1. Managing Your Legal Affairs
u u u
2. Introduction to the Legal System u u u u
3. The Resolution of Disputes: The Courts and Alternatives to Litigation
u u u u u u u u u
4. Intentional Torts and Torts Impacting Business
u u u u u
5. Negligence, Professional Liability, and Insurance
u u u u
6. The Elements of a Contract: Consensus and Consideration
u u u u u u u
7. The Elements of a Contract: Capacity, Legality, and Intention
u u u u u u u u
8. Factors Affecting the Contractual Relationship
u u u u
9. The End of the Contractual Relationship
u u u u u
10. Agency and Partnership
u u
11. Corporations
12. Employment
13. Intellectual Property u
14. Real and Personal Property and Protection of the Environment
u u u u u u u u
15. Priority of Creditors
u u
16. Sales and Consumer Protection
u u u
,Chu1.uManaginguYouruLegaluAffairs
1. Inutheucontextuofuausophisticateduclient,u"sophisticated"ucanubestubeudefineduas
a. complicated,uself-reliant,uanducosmopolitan.
b. refineduanducultured.
c. simpleuandunaïve.
d. confident,uknowledgeable,uanduuputoudate.
e. aggressive,udynamic,uanduforceful.
2. Whichuofutheufollowingubestudescribesutheulikelihooduofuaustudentubecominguinvolveduinu
ausituationunecessitatingulegaluadvice?
, a. Austudent,uorusomeoneucloseutouaustudent,usometimesubecomesuinvolveduinusuchuausituation.
b. Austudent,uorusomeoneucloseutoutheustudent,uwillualwaysubecomeuinvolveduinusuchuausituation.
c. Becauseustudentsuareunotubusinessupeople,utheyuneverubecomeuinvolveduinusuchusituations.
d. Becauseustudentsucannotubeusophisticated,utheyuwilluoftenubecomeuinvolveduinusuchusituations.
e. Legaluadviceuisunotuavailableutoustudents.
3. Ramanuisuausophisticateduclient.uThisumeansuthatushe
a. understandsuhowutoumanageuaulawyer-clienturelationship.
b. hasuaulawudegree.
c. isuausmallubusinessuowner.
d. managesuherulegaluaffairsuwithoutuassistanceufromuaulawyer.
e. willuprobablyuneverufinduherselfuinuausituationunecessitatingulegaluadvice.
4. Whichuofutheufollowinguisunotuaugoodureasonuforuaubusinesspersonutouseekuadviceufromuaulawyer?
a. Theubusinesspersonucannotufindutheunecessaryulegaluinformation.
b. Theubusinesspersonucannotuunderstandutheunecessaryulegaluinformation.
c. Theunecessaryulegaluinformationuisuavailableuonline.
d. Ituwouldutakeutooulonguforutheubusinesspersonutoufindutheunecessaryulegaluinformation.
e. Theubusinesspersonuisufacingucriminalucharges.
5. Forusophisticateduclients,utheuavailabilityuofuanuabundanceuofulegaluinformationuonlineuis
a. aunegativeudevelopment,ubecauseuonlineuinformationuisurarelyuaccurateuoruhelpful.
b. aupositiveudevelopment,ubecauseuitumeansuthatutheyuwillunoulongeruneedutouretainulawyersuasupartuofu
theiruteam.
c. aunegativeudevelopment,ubecauseuaccessinguthisuinformationutendsutoubeumoreucostlyuthanuretainingua
ulawyer.
d. aupositiveudevelopment,ubecauseuituprovidesugreateruaccessutouinformationutheyucanuuseuasupartuofu
theirudecision-makinguprocess.
e. auneutraludevelopment,ubecauseulawyersuareustillutheuonlyuonesuableutouaccessuthisuinformation.
6. Whenusearchinguonlineuforulegaluinformation,uituisubestuto
a. trustuthatuifuituisupublisheduonline,uitumustubeuaccurate.
b. neverutrustutheuinformationufounduonuauwebsite.
c. useuAmericanusources,uasutheyutendutoubeumoreucomprehensiveuthanuCanadianuones.
d. gaugeutheuaccuracyuofutheuinformationubyutheulookuofutheuwebsite.
e. seekuinputufromuaulawyeruwhenuanswersucannotubeureadilyufound.
7. Sophisticateduclients
a. dounotuneedutouretainuaulawyer.
b. knowuthatuituisubetterutouhireuaulawyeruthanutouconducturesearchuonuone'suown.
c. areuwillingutoupayuforulegaluadviceuatuanyucost.
d. tendutoubeuembarrassedutourequestulegaluadvice.
e. haveutheuskilluanduconfidenceutoufindubasiculegaluinformation.
u u u u u u u u u
chard Yates Chapters 1-16
u u u
,TABLE OF CONTENT
u u
1. Managing Your Legal Affairs
u u u
2. Introduction to the Legal System u u u u
3. The Resolution of Disputes: The Courts and Alternatives to Litigation
u u u u u u u u u
4. Intentional Torts and Torts Impacting Business
u u u u u
5. Negligence, Professional Liability, and Insurance
u u u u
6. The Elements of a Contract: Consensus and Consideration
u u u u u u u
7. The Elements of a Contract: Capacity, Legality, and Intention
u u u u u u u u
8. Factors Affecting the Contractual Relationship
u u u u
9. The End of the Contractual Relationship
u u u u u
10. Agency and Partnership
u u
11. Corporations
12. Employment
13. Intellectual Property u
14. Real and Personal Property and Protection of the Environment
u u u u u u u u
15. Priority of Creditors
u u
16. Sales and Consumer Protection
u u u
,Chu1.uManaginguYouruLegaluAffairs
1. Inutheucontextuofuausophisticateduclient,u"sophisticated"ucanubestubeudefineduas
a. complicated,uself-reliant,uanducosmopolitan.
b. refineduanducultured.
c. simpleuandunaïve.
d. confident,uknowledgeable,uanduuputoudate.
e. aggressive,udynamic,uanduforceful.
2. Whichuofutheufollowingubestudescribesutheulikelihooduofuaustudentubecominguinvolveduinu
ausituationunecessitatingulegaluadvice?
, a. Austudent,uorusomeoneucloseutouaustudent,usometimesubecomesuinvolveduinusuchuausituation.
b. Austudent,uorusomeoneucloseutoutheustudent,uwillualwaysubecomeuinvolveduinusuchuausituation.
c. Becauseustudentsuareunotubusinessupeople,utheyuneverubecomeuinvolveduinusuchusituations.
d. Becauseustudentsucannotubeusophisticated,utheyuwilluoftenubecomeuinvolveduinusuchusituations.
e. Legaluadviceuisunotuavailableutoustudents.
3. Ramanuisuausophisticateduclient.uThisumeansuthatushe
a. understandsuhowutoumanageuaulawyer-clienturelationship.
b. hasuaulawudegree.
c. isuausmallubusinessuowner.
d. managesuherulegaluaffairsuwithoutuassistanceufromuaulawyer.
e. willuprobablyuneverufinduherselfuinuausituationunecessitatingulegaluadvice.
4. Whichuofutheufollowinguisunotuaugoodureasonuforuaubusinesspersonutouseekuadviceufromuaulawyer?
a. Theubusinesspersonucannotufindutheunecessaryulegaluinformation.
b. Theubusinesspersonucannotuunderstandutheunecessaryulegaluinformation.
c. Theunecessaryulegaluinformationuisuavailableuonline.
d. Ituwouldutakeutooulonguforutheubusinesspersonutoufindutheunecessaryulegaluinformation.
e. Theubusinesspersonuisufacingucriminalucharges.
5. Forusophisticateduclients,utheuavailabilityuofuanuabundanceuofulegaluinformationuonlineuis
a. aunegativeudevelopment,ubecauseuonlineuinformationuisurarelyuaccurateuoruhelpful.
b. aupositiveudevelopment,ubecauseuitumeansuthatutheyuwillunoulongeruneedutouretainulawyersuasupartuofu
theiruteam.
c. aunegativeudevelopment,ubecauseuaccessinguthisuinformationutendsutoubeumoreucostlyuthanuretainingua
ulawyer.
d. aupositiveudevelopment,ubecauseuituprovidesugreateruaccessutouinformationutheyucanuuseuasupartuofu
theirudecision-makinguprocess.
e. auneutraludevelopment,ubecauseulawyersuareustillutheuonlyuonesuableutouaccessuthisuinformation.
6. Whenusearchinguonlineuforulegaluinformation,uituisubestuto
a. trustuthatuifuituisupublisheduonline,uitumustubeuaccurate.
b. neverutrustutheuinformationufounduonuauwebsite.
c. useuAmericanusources,uasutheyutendutoubeumoreucomprehensiveuthanuCanadianuones.
d. gaugeutheuaccuracyuofutheuinformationubyutheulookuofutheuwebsite.
e. seekuinputufromuaulawyeruwhenuanswersucannotubeureadilyufound.
7. Sophisticateduclients
a. dounotuneedutouretainuaulawyer.
b. knowuthatuituisubetterutouhireuaulawyeruthanutouconducturesearchuonuone'suown.
c. areuwillingutoupayuforulegaluadviceuatuanyucost.
d. tendutoubeuembarrassedutourequestulegaluadvice.
e. haveutheuskilluanduconfidenceutoufindubasiculegaluinformation.
