Test Bank for Business Law in Canada, 18th Canadian Edition by Richard Yates All Chapters 1-16.pdf

Test Bank For Law and Business Administration in Canada,
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The, 15th Edition by J E. Smyth, Dan Soberman, A J. Easson,
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Shelley McGill Chapter 1-32
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Absimplebdefinitionbofblawbwouldbbebmisleadingbbecauseblawbisbso
a.bboundbupbwithbthebrulebofblaw.
b.bdiversebandbcomplex.
c.bdifficultbtobdefine.
d.bnonebofbthebabove
e.ballbofbthebaboveb-bbbbANSWERbbbb
Diff:b2
Type:bMC
Topic:bThebRolebofbLaw
Skill:bRecall

2

Webneedbtobhaveblawbbecausebit
a.bregulatesbindividuals'binteractionsbwithbonebanother.
b.bgivesbthebgovernmentbthebpowerbtobactbforbthebbenefitbofbsocietybinbgeneral.
c.bprovidesbanbelementbofbcertaintybinbdeterminingbcontractualbandbpropertybrights.
d.bprotectsbpersons,bproperty,bandbsociety,bandbprohibitsbconductbthatbsocietybbelievesb
isbharmful.
e.ballbofbthebaboveb-bbbbANSWERbbbe
Diff:b2
Type:bMC
Topic:bThebRolebofbLaw
Skill:bRecall

3

Thebfactbthatblawsbthatbappearbtobbebunjustbmustbstillbbebobeyedbsuggestsbthat
a.bjusticebisbmerelybthebresultbofbthebinfluencebofbethics.
b.bjusticebisbmerelybabproductbofbsocialbmorals.
c.btherebisbabdifferencebbetweenbgoodblawsbandbbadbones.
d.binbreality,bwebmustbthinkbofbjusticebasbnothingbmorebthanbthebresultbofbourblegalbsyste
m.
e.bthosebwhobmakebtheblawsbjustbdobnotbcare.b-bbbbANSWERbbbd
Diff:b3
Type:bMC
Topic:bThebRolebofbLaw
Skill:bApplied

4

,ThebCanadianblegalbprofessionbisborganizedbonbabprovincialbbasisbwithbeachbprovincebh
avingbitsbownb"bar"bsociety.bHowever,babmemberbofbanybprovincialbbarbmaybappearbbefo
re
a.bthebHousebofbLordsbinbEngland.
b.bthebInternationalbWarbCrimesbTribunal.
c.bthebSupremebCourtbofbCanada.
d.banybHumanbRightsbTribunalbinbanybprovince.
e.banybLandlordbandbTenantbBoardbTribunalbinbanybprovince.b-bbbbANSWERbbbc
Diff:b3
Type:bMC
Topic:bLegalbRiskbManagement
Skill:bRecall

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JoebhiredbJulie,bablawyer,btobdefendbhimbonbassaultbcharges.bAtbtheirbfirstbmeetingbhebtol
dbherbthebdetailsbconcerningbhisbinvolvementbinbthebassault.bAfterbabdisputebbetweenbJo
ebandbJuliebinbrelationbtoblegalbfees,bJoebdecidedbtobretainbabnewblawyer.bThebpolicebatte
ndedbatbJulie'sbofficebtobaskbherbquestionsbconcerningbwhatbJoebtoldbherbaboutbthebassa
ult.bInbthesebcircumstances
a.bthebsolicitor/clientbprivilegebdoesbnotballowbJuliebtobrevealbanybcommunicationsbshebh
adbwithbJoebwithoutbhisbapproval.
b.bgivenbthatbthebsolicitor/clientbrelationshipbhasbended,bJuliebisbatblibertybtobdisclosebthe
binformation.

c.bthebsolicitor/clientbprivilegebdoesbnotbextendbtobadmissionsbbybclientsbofbwrongdoingb
sobcommunicationsbmustbbebdisclosed.
d.bJuliebisbatblibertybtobdisclosebanybinformationbinbrelationbtobthebdisputebwithbJoeboverbf
eesbbutbnotbinbrelationbtobcommunicationsbaboutbthebassault.
e.bthebCanadabEvidencebActbpermitsbJub-bbbbANSWERbbba
Diff:b3
Type:bMC
Topic:bLegalbRiskbManagement
Skill:bApplied

6

Abcompliancebofficerbemployedbbybabbusinessbforbpurposesbofbmonitoringblegislativebre
quirementsbapplicablebtobthebbusinessbensures
a.bthatboutsidebcounselbarebhiredbbybthebbusinessbonbabgeneralbretainerbbasisbtobrespon
dbtoburgentbmatters.
b.bthatbthebbusinessbcompliesbwithballbregulatorybandblegislativebrequirementsbtobavoidb
claims,bfinesbandbotherbpossiblebpenaltiesborbsanctions.
c.bthatbprobationarybemployeesbarebscreenedbandbmonitoredbappropriatelybbybthebbusi
nessbinbtheb90bdaybperiod.
d.bthatbthebbusinessbpaysboutstandingbfines.
e.bthatbsomeonebattendsbonballbSmallbClaimsbCourtbmattersbwhereboutsidebcounselbareb
notbrequired.b-bbbbANSWERbbbb
Diff:b3
Type:bMC

,Topic:bLegalbRiskbManagement
Skill:bApplied

7

Whenbwebsaybthatbtheblawbisbpartbofbeverybfacetbofbbusiness,bwebmeanbthat
a.bitbisbcentralbtobbusinessbinteractionbwithbcustomers,bsuppliers,bcompetitors,bandbgove
rnment.
b.bbusinessbcannotbsucceedbwithoutbunderstandingbtheblaw.
c.bitboutlinesbwhatbwebdo,bhowbtobdobit,bandbwhatbnotbtobdo.
d.bthebfailurebofbbusinessesbtobcomplybwithbtheblawbmaybresultbinbcriminal,bregulatory,ban
d/orbcivilbliability.
e.ballbofbthebaboveb-bbbbANSWERbbbe
Diff:b2
Type:bMC
Topic:bLawbandbBusiness
Skill:bRecall

8

Effectiveboperationbofbabbusinessbrequiresbthatbbusinessbmanagers
a.brelybonblawyersbtobformbthebrightbquestionsbandbanswersbforblegalbissues.
b.bdobnotbhavebtobbecomebexpertsbinbthebactivitiesbofbtheirbbusinesses.
c.bsimplybrelybonbthebdecisionsbmadebbybthosebinbauthoritybabovebthem.
d.bdobnotbhavebtobfamiliarizebthemselvesbwithbtheblaw.
e.bmustbknowbtheblawbandbmustbunderstandbtheblegalbrisksbassociatedbwithbthebeveryda
ybchoicesbthatbtheybmake.b-bbbbANSWERbbbe
Diff:b2
Type:bMC
Topic:bLawbandbBusiness
Skill:bRecall

9

Abriskbmanagementbplan
a.bdoesbnotbrequirebregularbrevision.
b.bdoesbnothingbtobpromotebthebbetterbconductbofbabbusiness.
c.bisbonlybnecessarybinbsophisticatedbbusinesses.
d.bdoesbnotbnecessarilybinvolvebablawyerbinbeverybpartbofbtheboverallbplan.
e.bhelpsbabbusinessbtobidentifybandbanticipatebpotentialblegalbliability.b-bbbbANSWERbbbe
Diff:b2
Type:bMC
Topic:bLawbandbBusiness
Skill:bApplied

10

Whichbofbthebfollowingbwillbabbusinessbusebtobreducebitsbliability?
a.briskbreduction
b.briskbabsorption

, c.briskbavoidance
d.briskbtransfer
e.ballbofbthebaboveb-bbbbANSWERbbbe
Diff:b1
Type:bMC
Topic:bLawbandbBusiness
Skill:bRecall

11

Tobimplementbabriskbmanagementbplan,babbusinessbmustbfirst
a.bprioritizebthebrisks.
b.bdevelopbeffectivebstrategiesbtobdealbwithbthebrisks.
c.brevisebthebplanbonbabregularbbasis.
d.bimplementbthebplan.
e.bconductbablegalbauditbofbthebbusinessboperation.b-bbbbANSWERbbbe
Diff:b3
Type:bMC
Topic:bLawbandbBusiness
Skill:bApplied



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Inbdecidingbwhetherbabstatutebisbvalidborbinvalid,bthebcourtbmustbconsider
a.bthebeffectbthatbthebstatutebhas.
b.bthebpurposebofbthebstatute.
c.bwhetherbitbshouldbinterpretbthebstatutebbroadly.
d.bwhetherbitbshouldbinterpretbthebstatutebnarrowly.
e.ballbofbthebaboveb-bbbbANSWERbbbe
Diff:b2
Type:bMC
Topic:bThebCourtsbandbLegislation
Skill:bRecall

13

Abbindingbcodebofbconductbisba
a.bgeneralbcodebofbconductbthatbisbavailablebtobanyone.
b.bcodebofbconductbestablishedbvoluntarilybbybindustry.
c.bcodebofbconductbthatbgovernmentsbimposebonbbusinessbandbindustry.
d.bcodebofbconductbthatbregulatesbspecifiedbactivities,bsuchbasbthosebofbprofessionals.
e.bcodebofbconductbthatbabfirmborbbusinessbimposesbonbitself.b-bbbbANSWERbbbd
Diff:b2
Type:bMC
Topic:bLawbandbBusinessbEthics
Skill:bRecall

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