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MOS 2275: FINAL REVIEW EXAM AND ACTUAL ANSWERS GRADED TO PASS.

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What is the law? - Answer A set of rules established and enforced by the government. What is civil law? - Answer A legal system based on a comprehensive code, used in Quebec, Europe, and China. What is common law? - Answer A legal system based on previously decided cases, used in Ontario, UK, and Australia. What is the primary focus of criminal law? - Answer Punishing individuals who commit crimes, involving state vs. accused. What distinguishes civil law from criminal law? - Answer Civil law deals with disputes between private parties, focusing on harm caused to others. What are the primary sources of law in Canada? - Answer The Constitution, legislation/statutes, and common law/case law. What is the significance of the Charter of Rights and Freedoms? - Answer It outlines fundamental freedoms and rights for individuals in Canada. What does Section 2 of the Charter guarantee? - Answer Fundamental freedoms including conscience, religion, thought, expression, assembly, and association. What are the limitations on Charter rights? - Answer They only apply to government actions and can be limited under certain conditions. What is the purpose of civil litigation? - Answer To resolve disputes through a structured process including pleadings, discovery, trial, and judgment. What are the stages of civil litigation? - Answer Pleadings, discovery, trial, decision/judgment, and enforcement. What is alternative dispute resolution (ADR)? - Answer Methods like negotiation, mediation, and arbitration used to resolve disputes outside of litigation.

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MOS 2275: Business Law I
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MOS 2275: Business Law I

Voorbeeld van de inhoud

MOS 2275: FINAL REVIEW EXAM AND
ACTUAL ANSWERS GRADED TO
PASS.
What is the law? - Answer A set of rules established and enforced by the government.



What is civil law? - Answer A legal system based on a comprehensive code, used in Quebec,
Europe, and China.



What is common law? - Answer A legal system based on previously decided cases, used in
Ontario, UK, and Australia.



What is the primary focus of criminal law? - Answer Punishing individuals who commit
crimes, involving state vs. accused.



What distinguishes civil law from criminal law? - Answer Civil law deals with disputes
between private parties, focusing on harm caused to others.



What are the primary sources of law in Canada? - Answer The Constitution,
legislation/statutes, and common law/case law.



What is the significance of the Charter of Rights and Freedoms? - Answer It outlines
fundamental freedoms and rights for individuals in Canada.



What does Section 2 of the Charter guarantee? - Answer Fundamental freedoms including
conscience, religion, thought, expression, assembly, and association.



What are the limitations on Charter rights? - Answer They only apply to government actions
and can be limited under certain conditions.



What is the purpose of civil litigation? - Answer To resolve disputes through a structured
process including pleadings, discovery, trial, and judgment.



What are the stages of civil litigation? - Answer Pleadings, discovery, trial,
decision/judgment, and enforcement.



What is alternative dispute resolution (ADR)? - Answer Methods like negotiation, mediation,
and arbitration used to resolve disputes outside of litigation.

, What is required for a contract to be legally enforceable? - Answer Consensus,
consideration, intent, legality, and capacity.



What is consensus in contract law? - Answer An agreement formed through an offer and
acceptance.



What distinguishes an offer from an invitation to treat? - Answer An offer is a proposal that
can be accepted, while an invitation to treat is merely an invitation to negotiate.



When does an offer lapse? - Answer When rejected, countered, expired, revoked, or if one
party dies or becomes incompetent.



What is the postbox acceptance rule? - Answer Acceptance is effective when mailed, not
when received.



What is consideration in contract law? - Answer Something of value exchanged between
parties to create a contract.



What types of consideration are not valid? - Answer Past consideration, illegal consideration,
or something already required to be done.



What is promissory estoppel? - Answer A legal principle that allows a promise to be
enforceable without consideration under certain conditions.



What are the conditions for promissory estoppel to apply? - Answer Existing legal
relationship, express promise, and detrimental reliance by the other party.



What is the role of intention in contract law? - Answer Parties must intend to create a legally
binding relationship.



What happens during the discovery phase of civil litigation? - Answer Each side gains access
to all documents and facts from the other side.



What is the typical outcome after the discovery phase? - Answer Most cases settle before
trial as parties have a clearer understanding of their positions.



What is the enforcement phase in civil litigation? - Answer The process of ensuring a
judgment is carried out, which may not always be successful.

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MOS 2275: Business Law I
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MOS 2275: Business Law I

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