Business Law In Canada 11th edition By Yates - Test Bank

,BusinessnLawninnCanada,n11en(Yates)nChapte
rn1n ManagingnYournLegalnAffairs

1) Innthencontextnofnansophisticatednclient,n"sophisticated"ncannbestnbendefinednas
A) complicated,nself-reliant,nandncosmopolitan.
B) refinednandncultured.
C) simplenandnnaïve.
D) confident,nknowledgeable,nandnupntondate.
E) aggressive,ndynamic,nandnforceful.n
Answer:nD
Diff:n1 Type:nMC PagenRef:n2
Topic:n Ch.n1n-
nBecomingnanSophisticatednClientn Skill:nRecall
Objective:n Chaptern1:n1.nExplainnthenmeaningnofn"sophisticatednclient."nB
loom'snTaxonomy:nKnowledge

2) Whichnofnthenfollowingnbestndescribesnthenlikelihoodnofnanstudentnbecomingninvolvedninnans
ituationnnecessitatingnlegalnadvice?
A) Anstudent,nornsomeonenclosentonanstudent,nsometimesnbecomesninvolvedninnsuchnansituation.
B) Anstudent,nornsomeonenclosentonthenstudent,nwillnalwaysnbecomeninvolvedninnsuchnansituation.
C) Becausenstudentsnarennotnbusinessnpeople,ntheynnevernbecomeninvolvedninnsuchnsituations.
D) Becausenstudentsncannotnbensophisticated,ntheynwillnoftennbecomeninvolvedninnsuchnsituations.
E) Legalnadvicenisnnotnavailablentonstudents.n
Answer:nA
Diff:n1 Type:nMC PagenRef:n2
Topic:n Ch.n1n-
n"InThinknInNeednLegalnAdvice..."nSkill:nApplied
Objective:n Chaptern1:n1.nExplainnthenmeaningnofn"sophisticatednclient."nB
loom'snTaxonomy:nKnowledge

3) Becomingnansophisticatednclientnwill
A) ensurenthatnanbusinessnpersonnnevernneedsnanlawyer.
B) helpnanbusinessnpersonnmanagenhernlegalnaffairsnmorenefficientlynandneffectively.
C) resultninnanbusinessnpersonndevelopingnanbiasnagainstnlawyers.
D) relievenanbusinessnpersonnfromnhavingntonconductnlegalnresearch.
E) protectnanbusinessnpersonnfromnneedingnlegalnadvice.n
Answer:nB
Diff:n2 Type:nMC PagenRef:n2
Topic:n Ch.n1n-
n"InThinknInNeednLegalnAdvice..."nSkill:nApplied
Objective:n Chaptern1:n1.nExplainnthenmeaningnofn"sophisticatednclient."nB
loom'snTaxonomy:nKnowledge




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Copyrightn©n2017nPearsonnCanada,nInc.

,4) Havingnangoodnlawyernonnyournteamnis
A) usuallyntoonexpensiventonbenworthwhile.
B) onlynnecessarynfornlargencompanies.
C) angoodnalternativentonbecomingnansophisticatednclient.
D) anlegalnrequirementnpriorntonincorporatingnanbusiness.
E) ancriticalncomponentnofnbeingnansophisticatednclient.n
Answer:nE
Diff:n3 Type:nMC PagenRef:n3
Topic:n Ch.n1n-
nBecomingnanSophisticatednClientn Skill:nApplied
Objective:n Chaptern1:n1.nExplainnthenmeaningnofn"sophisticatednclient."nB
loom'snTaxonomy:nKnowledge

5) Whichnofnthenfollowingnbestndescribesnthenrolenofnthenlawyer?
A) Thenlawyernmakesnthenlegalndecisionsnfornthenclient.
B) Thenlawyernisnsimplynonenofnthenexpertsnthenbusinesspersonnconsults.
C) Thenclientnmustnfollownthenlawyer'sninstructions,nasnlongnasntheynarenlawful.
D) Thenclientnmakesndecisionsnregardingncivilnmatters;nthenlawyernmakesndecisionsnregardingnc
riminalnmatters.
E) Thenlawyernmakesndecisionsnregardingncivilnmatters;nthenclientnmakesndecisionsnregardingnc
riminalnmatters.
Answer:n B
Diff:n2 Type:nMC
PagenRef:n3nTopic:nCh.n1n-
nThenRolenofnthenLawyernSkill:nRecall
Objective:nChaptern1:n2.nExaminenthenrolenofnthenlawyer.nBloom's
nTaxonomy:n Knowledge




6) Onenreasonnfornanlacknofnrespectnfornlawyersnisnthat
A) manynpeoplendonnotnunderstandnthenrolenofnthenlawyerninnthensolicitor-clientnrelationship.
B) lawyersnarennotnboundnbynancodenofnprofessionalnconduct.
C) lawyersnwhonbreachntheirndutiesnarengenerallynnotnsubjectntonanynpunishment.
D) lawyersnarenrarelynablentonprovideninformationnornadvicenrelevantntonbusinessnmatters.
E) thencostnofnlegalnadvicengenerallynoutweighsnitsnbenefit.n
Answer:nA
Diff:n2 Type:nMC
PagenRef:n3nTopic:nCh.n1n-
nThenRolenofnthenLawyern Skill:nRecall
Objective:nChaptern1:n2.nExaminenthenrolenofnthenlawyer.nBloom's
nTaxonomy:n Knowledge




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Copyrightn©n2017nPearsonnCanada,nInc.

, 7) Thenrolenofnthenlawyernisnto
A) providenlegalnadvicenrelevantntonthenclient'snsituation,nwhichnthenclientnisnfreentonignore.
B) providenlegalnadvicenrelevantntonthenclient'snsituation,nwhichnthenclientnhasnnonchoicenbutntonf
ollow.
C) tellnclientsnwhatntheynmustndo.
D) tellnclientsnwhatntheynmustnnotndo.
E) delaynthenclient'sndecision-
makingnprocess.nAnswer:nA
Diff:n2 Type:nMC
PagenRef:n3nTopic:nCh.n1n-
nThenRolenofnthenLawyern Skill:nRecall
Objective:nChaptern1:n2.nExaminenthenrolenofnthenlawyer.nBloom's
nTaxonomy:n Knowledge




8) Whichnofnthenfollowingnstatementsnbestndescribesnsolicitor-clientnprivilege?
A) Thenlawyernmakesnthenlegalndecisionsnfornthenclient.
B) Thenlawyernisnthenonlynexpertnanclientnshouldnconsult.
C) Thenlawyernmustnfollownthenclient'sninstructions,nevennifntheynarenillegalninnnature.
D) Itnisnthendutynofnthenlawyerntonkeepntheninformationnprovidednbynthenclientnconfidential.
E) Thenlawyernmakesndecisionsnregardingncivilnmatters;nthenclientnmakesndecisionsnregardingnc
riminalnmatters.
Answer:n D
Diff:n2 Type:nMC
PagenRef:n4nTopic:nCh.n1n-
nThenRolenofnthenLawyern Skill:nRecall
Objective:nChaptern1:n2.nExaminenthenrolenofnthenlawyer.nBloom's
nTaxonomy:n Knowledge




9) Sophisticatednclients
A) donnotnrequirenthenservicesnofnanlawyer.
B) understandnthenimportancenofnthensolicitor-clientnrelationship.
C) distrustnandnderidenlawyers.
D) isnsomeonenwithnformalnlegalntraining.
E) shouldnrepresentnthemselves,nrathernthannpayingnfornlegalnservices.n
Answer:nB
Diff:n2 Type:nMC
PagenRef:n5nTopic:nCh.n1n-
nWhenntonHirenanLawyern Skill:nRecall
Objective:n Chaptern1:n1.nExplainnthenmeaningnofn"sophisticatednclient."nB
loom'snTaxonomy:nKnowledge




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Copyrightn©n2017nPearsonnCanada,nInc.