test bank for business law in canada 13th canadian edition richard_yates

TEST BANK Business Law in Canada 13 Edition by R
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ichard Yates Chapters 1-16
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,TABLE OF CONTENT
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1. Managing Your Legal Affairs
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2. Introduction to the Legal SystemK K K K




3. The Resolution of Disputes: The Courts and Alternatives to Litigation
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4. Intentional Torts and Torts Impacting Business
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5. Negligence, Professional Liability, and Insurance
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6. The Elements of a Contract: Consensus and Consideration
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7. The Elements of a Contract: Capacity, Legality, and Intention
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8. Factors Affecting the Contractual Relationship
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9. The End of the Contractual Relationship
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10. Agency and Partnership
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11. Corporations

12. Employment

13. Intellectual Property K




14. Real and Personal Property and Protection of the Environment
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15. Priority of Creditors
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16. Sales and Consumer Protection
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,ChK1.KManagingKYourKLegalKAffairs

1. InKtheKcontextKofKaKsophisticatedKclient,K"sophisticated"KcanKbestKbeKdefinedKas
a. complicated,Kself-reliant,KandKcosmopolitan.
b. refinedKandKcultured.
c. simpleKandKnaïve.
d. confident,Kknowledgeable,KandKupKtoKdate.
e. aggressive,Kdynamic,KandKforceful.

2. WhichKofKtheKfollowingKbestKdescribesKtheKlikelihoodKofKaKstudentKbecomingKinvolvedKi
nKaKsituationKnecessitatingKlegalKadvice?

, a. AKstudent,KorKsomeoneKcloseKtoKaKstudent,KsometimesKbecomesKinvolvedKinKsuchKaKsituation.
b. AKstudent,KorKsomeoneKcloseKtoKtheKstudent,KwillKalwaysKbecomeKinvolvedKinKsuchKaKsituation.
c. BecauseKstudentsKareKnotKbusinessKpeople,KtheyKneverKbecomeKinvolvedKinKsuchKsituations.
d. BecauseKstudentsKcannotKbeKsophisticated,KtheyKwillKoftenKbecomeKinvolvedKinKsuchKsituations.
e. LegalKadviceKisKnotKavailableKtoKstudents.

3. RamanKisKaKsophisticatedKclient.KThisKmeansKthatKshe
a. understandsKhowKtoKmanageKaKlawyer-clientKrelationship.
b. hasKaKlawKdegree.
c. isKaKsmallKbusinessKowner.
d. managesKherKlegalKaffairsKwithoutKassistanceKfromKaKlawyer.
e. willKprobablyKneverKfindKherselfKinKaKsituationKnecessitatingKlegalKadvice.

4. WhichKofKtheKfollowingKisKnotKaKgoodKreasonKforKaKbusinesspersonKtoKseekKadviceKfromKaKlawyer?
a. TheKbusinesspersonKcannotKfindKtheKnecessaryKlegalKinformation.
b. TheKbusinesspersonKcannotKunderstandKtheKnecessaryKlegalKinformation.
c. TheKnecessaryKlegalKinformationKisKavailableKonline.
d. ItKwouldKtakeKtooKlongKforKtheKbusinesspersonKtoKfindKtheKnecessaryKlegalKinformation.
e. TheKbusinesspersonKisKfacingKcriminalKcharges.

5. ForKsophisticatedKclients,KtheKavailabilityKofKanKabundanceKofKlegalKinformationKonlineKis
a. aKnegativeKdevelopment,KbecauseKonlineKinformationKisKrarelyKaccurateKorKhelpful.
b. aKpositiveKdevelopment,KbecauseKitKmeansKthatKtheyKwillKnoKlongerKneedKtoKretainKlawyersKasKpa
rtKofKtheirKteam.
c. aKnegativeKdevelopment,KbecauseKaccessingKthisKinformationKtendsKtoKbeKmoreKcostlyKthanKretaini
ngKaKlawyer.
d. aKpositiveKdevelopment,KbecauseKitKprovidesKgreaterKaccessKtoKinformationKtheyKcanKuseKasKpar
tKofKtheirKdecision-makingKprocess.
e. aKneutralKdevelopment,KbecauseKlawyersKareKstillKtheKonlyKonesKableKtoKaccessKthisKinformation.

6. WhenKsearchingKonlineKforKlegalKinformation,KitKisKbestKto
a. trustKthatKifKitKisKpublishedKonline,KitKmustKbeKaccurate.
b. neverKtrustKtheKinformationKfoundKonKaKwebsite.
c. useKAmericanKsources,KasKtheyKtendKtoKbeKmoreKcomprehensiveKthanKCanadianKones.
d. gaugeKtheKaccuracyKofKtheKinformationKbyKtheKlookKofKtheKwebsite.
e. seekKinputKfromKaKlawyerKwhenKanswersKcannotKbeKreadilyKfound.

7. SophisticatedKclients
a. doKnotKneedKtoKretainKaKlawyer.
b. knowKthatKitKisKbetterKtoKhireKaKlawyerKthanKtoKconductKresearchKonKone'sKown.
c. areKwillingKtoKpayKforKlegalKadviceKatKanyKcost.
d. tendKtoKbeKembarrassedKtoKrequestKlegalKadvice.
e. haveKtheKskillKandKconfidenceKtoKfindKbasicKlegalKinformation.