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Testbank for Business Law in Canada – Richard Yates (13th Edition) | Complete Chapters 1-16 Test Bank with Answers

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Prepare for your exams with this comprehensive test bank for Business Law in Canada, 13th Edition by Richard A. Yates. Designed for business and commerce students, this resource covers all key topics from Chapters 1 through 16, including contracts, torts, agency, corporations, employment law, and property law

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Business Law in Canada – Richard Yates
(13th Edition), Chapters 1–16 Test Bank

law - answers-enforceable rules governing relationships among individuals and between
individuals and their society



breaches - answers-breaks, or fails to perform



primary sources of law - answers-1. u.s. constitutions

2. state constitutions

3. statutes passed by congress and states

4. regulations created by administrative agencies

5. case law



secondary sources of law - answers-books and articles that summarize and clarify the primary
sources of law



constitutional law - answers-constitution is basis of all law. all powers not give not federal
government are given to state governments



statutory law - answers-laws enacted by legislative bodies at any level including ordinances



ordinances - answers-statutes passed by municipal or county governments




1

,uniform law - answers-model statutes all states consider



uniform commercial code - answers-very important uniform law accepted by all states that
regulates commerce among states



administrative law - answers-rules, orders, decisions of administrative agencies



case law - answers-the doctrines and principles announced in cases, governs everything not
covered by statutory law and administrative law



common law - answers-a body of general rules that applied throughout the entire english realm



precedent - answers-a court decision that furnished an example or authority for deciding
subsequent cases involving identical or similar legal principles or facts



stare decisis - answers-to stand on decided cases

1. decisions made in higher court are binding to lower ones

2. dont overturn own precedents



jurisdiction - answers-area in which courts can apply law



binding authority - answers-source of law court must follow when deciding a case



persuasive authorities - answers-look to other jurisdictions when there is no precedent




2

, remedy - answers-means given to party to enforce a right or compensate for violation of right



equity - answers-branch of law that finds remedy when no adequate remedy at law is available



plaintiff - answers-those bringing lawsuits



defendant - answers-the person against whom a lawsuit is brought



substantive law - answers-all laws that define, describe, regulate, and create legal rights and
obligations



procedural law - answers-all laws that establish the methods of enforcing the rights established
by substantive law



federal/state/private law - answers-dealing with relationships between persons



public law - answers-addressing relationships between persons and their government



cyberlaw - answers-governs transactions conducted online



civil law - answers-rights and duties between person and between persons and their
government and relief when persons rights are violated



civil law system - answers-legal system based on a written code of laws




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