TEST BANK
Law and Business Administration in Canada,
15th Edition by J E. Smyth and Dan Soberman
all chapters 1-32
,TABLE OF CONTENT
q q
1. Law,qSociety,qandqBusiness
2. TheqMachineryqofqJustice
3. GovernmentqRegulationqofqBusiness
4. TheqLawqofqTorts
5. ProfessionalqLiabilityqTheqLegalqChallenges
6. FormationqofqaqContractqOfferqandqAcceptance
7. FormationqofqaqContractqConsiderationqandqIntention
8. FormationqofqaqContractqCapacityqtoqContractqandqLegalityqofqObject
9. ContractqIssuesqMistakeqandqMisrepresentation
10. WritingqandqInterpretation
11. PrivityqofqContractqandqtheqAssignmentqofqContractualqRights
12. TheqDischargeqofqContracts
13. BreachqofqContractqandqItsqRemedies
14. SaleqofqGoodsqandqConsumerqContracts
15. BailmentqandqLeasing
16. InsuranceqandqGuarantee
17. AgencyqandqFranchising
18. TheqContractqofqEmployment
19. BankingqandqNegotiableqInstruments
20. IntellectualqProperty
21. InterestsqinqLandqandqTheirqTransfer
22. LandlordqandqTenant
23. MortgagesqofqLandqandqRealqEstateqTransactions
24. SoleqProprietorshipsqandqPartnerships
25. TheqNatureqofqaqCorporationqandqItsqFormation
26. CorporateqGovernanceqTheqInternalqAffairsqofqCorporations
27. CorporateqGovernanceqExternalqResponsibilities
28. SecuredqTransactions
29. Creditors'qRights
30. InternationalqBusinessqTransactions
31. ElectronicqCommerce
32. Privacy
, Ch 1: Law, Society, and Business
q q q q q
1)qAqsimpleqdefinitionqofqlawqwouldqbeqmisleadingqbecauseqlawqisqso
a.qboundqupqwithqtheqruleqofqlaw.
b.qdiverseqandqcomplex.
c.qdifficultqtoqdefine.
d.qnoneqofqtheqabove
e.qallqofqtheqabove
Answer:qb
Diff:q2
Type:qMC
Topic:qTheqRoleqofqLaw
Skill:qRecall
2)qWeqneedqtoqhaveqlawqbecauseqit
a.qregulatesqindividuals’qinteractionsqwithqoneqanother.
b.qgivesqtheqgovernmentqtheqpowerqtoqactqforqtheqbenefitqofqsocietyqinqgeneral.
c.qprovidesqanqelementqofqcertaintyqinqdeterminingqcontractualqandqpropertyqr
ights.
d.qprotectsqpersons,qproperty,qandqsociety,qandqprohibitsqconductqthatqsociet
yqbelievesqisqharmful.
e.qallqofqtheqabove
Answer:qe
Diff:q2
Type:qMC
Topic:qTheqRoleqofqLaw
Skill:qRecall
, 3)qTheqfactqthatqlawsqthatqappearqtoqbequnjustqmustqstillqbeqobeyedqsuggestsqt
hat
a.qjusticeqisqmerelyqtheqresultqofqtheqinfluenceqofqethics.
b.qjusticeqisqmerelyqaqproductqofqsocialqmorals.
c.qthereqisqaqdifferenceqbetweenqgoodqlawsqandqbadqones.
d.qinqreality,qweqmustqthinkqofqjusticeqasqnothingqmoreqthanqtheqresultqofqourqle
galqsystem.
e.qthoseqwhoqmakeqtheqlawsqjustqdoqnotqcare.
Answer:qd
Diff:q3
Type:qMC
Topic:qTheqRoleqofqLaw
Skill:qApplied
4)qTheqCanadianqlegalqprofessionqisqorganizedqonqaqprovincialqbasisqwithqeac
hqprovinceqhavingqitsqownq“bar”qsociety.qqHowever,qaqmemberqofqanyqprovinci
alqbarqmayqappearqbefore
a.qtheqHouseqofqLordsqinqEngland.
b.qtheqInternationalqWarqCrimesqTribunal.
c.qtheqSupremeqCourtqofqCanada.
d.qanyqHumanqRightsqTribunalqinqanyqprovince.
e.qanyqLandlordqandqTenantqBoardqTribunalqinqanyqprovince.
Answer:qc
Diff:q3
Type:qMC
Topic:qLegalqRiskqManagement
Skill:qRecall
Law and Business Administration in Canada,
15th Edition by J E. Smyth and Dan Soberman
all chapters 1-32
,TABLE OF CONTENT
q q
1. Law,qSociety,qandqBusiness
2. TheqMachineryqofqJustice
3. GovernmentqRegulationqofqBusiness
4. TheqLawqofqTorts
5. ProfessionalqLiabilityqTheqLegalqChallenges
6. FormationqofqaqContractqOfferqandqAcceptance
7. FormationqofqaqContractqConsiderationqandqIntention
8. FormationqofqaqContractqCapacityqtoqContractqandqLegalityqofqObject
9. ContractqIssuesqMistakeqandqMisrepresentation
10. WritingqandqInterpretation
11. PrivityqofqContractqandqtheqAssignmentqofqContractualqRights
12. TheqDischargeqofqContracts
13. BreachqofqContractqandqItsqRemedies
14. SaleqofqGoodsqandqConsumerqContracts
15. BailmentqandqLeasing
16. InsuranceqandqGuarantee
17. AgencyqandqFranchising
18. TheqContractqofqEmployment
19. BankingqandqNegotiableqInstruments
20. IntellectualqProperty
21. InterestsqinqLandqandqTheirqTransfer
22. LandlordqandqTenant
23. MortgagesqofqLandqandqRealqEstateqTransactions
24. SoleqProprietorshipsqandqPartnerships
25. TheqNatureqofqaqCorporationqandqItsqFormation
26. CorporateqGovernanceqTheqInternalqAffairsqofqCorporations
27. CorporateqGovernanceqExternalqResponsibilities
28. SecuredqTransactions
29. Creditors'qRights
30. InternationalqBusinessqTransactions
31. ElectronicqCommerce
32. Privacy
, Ch 1: Law, Society, and Business
q q q q q
1)qAqsimpleqdefinitionqofqlawqwouldqbeqmisleadingqbecauseqlawqisqso
a.qboundqupqwithqtheqruleqofqlaw.
b.qdiverseqandqcomplex.
c.qdifficultqtoqdefine.
d.qnoneqofqtheqabove
e.qallqofqtheqabove
Answer:qb
Diff:q2
Type:qMC
Topic:qTheqRoleqofqLaw
Skill:qRecall
2)qWeqneedqtoqhaveqlawqbecauseqit
a.qregulatesqindividuals’qinteractionsqwithqoneqanother.
b.qgivesqtheqgovernmentqtheqpowerqtoqactqforqtheqbenefitqofqsocietyqinqgeneral.
c.qprovidesqanqelementqofqcertaintyqinqdeterminingqcontractualqandqpropertyqr
ights.
d.qprotectsqpersons,qproperty,qandqsociety,qandqprohibitsqconductqthatqsociet
yqbelievesqisqharmful.
e.qallqofqtheqabove
Answer:qe
Diff:q2
Type:qMC
Topic:qTheqRoleqofqLaw
Skill:qRecall
, 3)qTheqfactqthatqlawsqthatqappearqtoqbequnjustqmustqstillqbeqobeyedqsuggestsqt
hat
a.qjusticeqisqmerelyqtheqresultqofqtheqinfluenceqofqethics.
b.qjusticeqisqmerelyqaqproductqofqsocialqmorals.
c.qthereqisqaqdifferenceqbetweenqgoodqlawsqandqbadqones.
d.qinqreality,qweqmustqthinkqofqjusticeqasqnothingqmoreqthanqtheqresultqofqourqle
galqsystem.
e.qthoseqwhoqmakeqtheqlawsqjustqdoqnotqcare.
Answer:qd
Diff:q3
Type:qMC
Topic:qTheqRoleqofqLaw
Skill:qApplied
4)qTheqCanadianqlegalqprofessionqisqorganizedqonqaqprovincialqbasisqwithqeac
hqprovinceqhavingqitsqownq“bar”qsociety.qqHowever,qaqmemberqofqanyqprovinci
alqbarqmayqappearqbefore
a.qtheqHouseqofqLordsqinqEngland.
b.qtheqInternationalqWarqCrimesqTribunal.
c.qtheqSupremeqCourtqofqCanada.
d.qanyqHumanqRightsqTribunalqinqanyqprovince.
e.qanyqLandlordqandqTenantqBoardqTribunalqinqanyqprovince.
Answer:qc
Diff:q3
Type:qMC
Topic:qLegalqRiskqManagement
Skill:qRecall
