TEST BANK - Law and Business
Administration in Canada, The 15th
Edition by J. Smyth & Dan Soberman
COMPLETE CHAPTERS 1-32|
VERIFIED Q&As FOR EXAM
PREPARATIONS
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, TABLE OF CONTENTS
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
17. Agency and Franchising
18. The Contract of Employment
19. Chapter 19: Negotiable Instruments
20. Chapter 20: Intellectual Property
21. Interests in Land and Their Transfer
22. Landlord and Tenant
23. Mortgages of Land and Real Estate Transactions
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
CHAPTER 1: 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.
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e. all of the above
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, Correct Answer: e Diff: 2
Type: MC
Topic: The Role of Law Skill: Recall
3) The fact that laws that appear to be unjust must still be obeyed suggests that
a. justice is merely the result of the influence of ethics.
b. justice is merely a product of social morals.
c. there is a difference between good laws and bad ones.
d. in reality, we must think of justice as nothing more than the result of our legal system.
e. those who make the laws just do not care.
Correct Answer: d Diff: 3
Type: MC
Topic: The Role of Law Skill: Applied
4) The Canadian legal profession is organized on a provincial basis with each province having its own
―bar‖ society. However, a member of any provincial bar may appear before
a. the House of Lords in England.
b. the International War Crimes Tribunal.
c. the Supreme Court of Canada.
d. any Human Rights Tribunal in any province.
e. any Landlord and Tenant Board Tribunal in any province.
Correct Answer: c Diff: 3 Type: MC
Topic: Legal Risk Management Skill: Recall
5) Joe hired Julie, a lawyer, to defend him on assault charges. At their first meeting he told her the details
concerning his involvement in the assault. After a dispute between Joe and Julie in relation to legal fees,
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Joe decided to retain a new lawyer. The police attended at Julie’s office to ask her questions concerning
ud
what Joe told her about the assault. In these circumstances
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Administration in Canada, The 15th
Edition by J. Smyth & Dan Soberman
COMPLETE CHAPTERS 1-32|
VERIFIED Q&As FOR EXAM
PREPARATIONS
St
ud
yS
Page | 1
H
, TABLE OF CONTENTS
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
17. Agency and Franchising
18. The Contract of Employment
19. Chapter 19: Negotiable Instruments
20. Chapter 20: Intellectual Property
21. Interests in Land and Their Transfer
22. Landlord and Tenant
23. Mortgages of Land and Real Estate Transactions
24. Sole Proprietorships and Partnerships
St
25. The Nature of a Corporation and Its Formation
ud
yS
Page | 2
H
,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
CHAPTER 1: 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.
St
e. all of the above
ud
yS
Page | 3
H
, Correct Answer: e Diff: 2
Type: MC
Topic: The Role of Law Skill: Recall
3) The fact that laws that appear to be unjust must still be obeyed suggests that
a. justice is merely the result of the influence of ethics.
b. justice is merely a product of social morals.
c. there is a difference between good laws and bad ones.
d. in reality, we must think of justice as nothing more than the result of our legal system.
e. those who make the laws just do not care.
Correct Answer: d Diff: 3
Type: MC
Topic: The Role of Law Skill: Applied
4) The Canadian legal profession is organized on a provincial basis with each province having its own
―bar‖ society. However, a member of any provincial bar may appear before
a. the House of Lords in England.
b. the International War Crimes Tribunal.
c. the Supreme Court of Canada.
d. any Human Rights Tribunal in any province.
e. any Landlord and Tenant Board Tribunal in any province.
Correct Answer: c Diff: 3 Type: MC
Topic: Legal Risk Management Skill: Recall
5) Joe hired Julie, a lawyer, to defend him on assault charges. At their first meeting he told her the details
concerning his involvement in the assault. After a dispute between Joe and Julie in relation to legal fees,
St
Joe decided to retain a new lawyer. The police attended at Julie’s office to ask her questions concerning
ud
what Joe told her about the assault. In these circumstances
yS
Page | 4
H
