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Test Bank For Law and Business Administration in Canada, The, 15th Edition by J E. Smyth, Dan Soberman, A J. Easson, Shelley McGill Chapter 1-32

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Test Bank For Law and Business Administration in Canada, The, 15th Edition by J E. Smyth, Dan Soberman, A J. Easson, Shelley McGill Chapter 1-32

Institution
Law And Business Administration
Course
Law and Business Administration











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Institution
Law and Business Administration
Course
Law and Business Administration

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Uploaded on
November 13, 2025
Number of pages
975
Written in
2025/2026
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Exam (elaborations)
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Franklyn A Plus Pass



TEST BANK for Law and Business
Administration in Canada, The 15th
Edition by J. Smyth & Dan Soberman
Complete Chapters 1-32 With 100% Expert
Verified Q&As| A|+ Grade
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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
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17. Agency and Franchising
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18. The Contract of Employment

19. Chapter 19: Negotiable Instruments
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20. Chapter 20: Intellectual Property
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21. Interests in Land and Their Transfer
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22. Landlord and Tenant
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23. Mortgages of Land and Real Estate Transactions
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24. Sole Proprietorships and Partnerships
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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

28. Secured Transactions

29. Creditors’ Rights

30. International Business Transactions

31. Electronic Commerce

32. Chapter 32: Privacy
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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
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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
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a. justice is merely the result of the influence of ethics.
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b. justice is merely a product of social morals.
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c. there is a difference between good laws and bad ones.
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d. in reality, we must think of justice as nothing more than the result of our legal system.
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e. those who make the laws just do not care.
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