test bank for business law in canada 13th canadian edition richard yates.

TEST BANK Business Law in Canada 13 Edition by
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Richard 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 System@ @ @ @




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 @




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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,Ch@1.@Managing@Your@Legal@Affairs

1. In@the@context@of@a@sophisticated@client,@"sophisticated"@can@best@be@defined@as
a. complicated,@self-reliant,@and@cosmopolitan.
b. refined@and@cultured.
c. simple@and@naïve.
d. confident,@knowledgeable,@and@up@to@date.
e. aggressive,@dynamic,@and@forceful.

2. Which@of@the@following@best@describes@the@likelihood@of@a@student@becoming@involve
d@in@a@situation@necessitating@legal@advice?

, a. A@student,@or@someone@close@to@a@student,@sometimes@becomes@involved@in@such@a@situation.
b. A@student,@or@someone@close@to@the@student,@will@always@become@involved@in@such@a@situation.
c. Because@students@are@not@business@people,@they@never@become@involved@in@such@situations.
d. Because@students@cannot@be@sophisticated,@they@will@often@become@involved@in@such@situations.
e. Legal@advice@is@not@available@to@students.

3. Raman@is@a@sophisticated@client.@This@means@that@she
a. understands@how@to@manage@a@lawyer-client@relationship.
b. has@a@law@degree.
c. is@a@small@business@owner.
d. manages@her@legal@affairs@without@assistance@from@a@lawyer.
e. will@probably@never@find@herself@in@a@situation@necessitating@legal@advice.

4. Which@of@the@following@is@not@a@good@reason@for@a@businessperson@to@seek@advice@from@a@lawyer?
a. The@businessperson@cannot@find@the@necessary@legal@information.
b. The@businessperson@cannot@understand@the@necessary@legal@information.
c. The@necessary@legal@information@is@available@online.
d. It@would@take@too@long@for@the@businessperson@to@find@the@necessary@legal@information.
e. The@businessperson@is@facing@criminal@charges.

5. For@sophisticated@clients,@the@availability@of@an@abundance@of@legal@information@online@is
a. a@negative@development,@because@online@information@is@rarely@accurate@or@helpful.
b. a@positive@development,@because@it@means@that@they@will@no@longer@need@to@retain@lawyers@a
s@part@of@their@team.
c. a@negative@development,@because@accessing@this@information@tends@to@be@more@costly@than@reta
ining@a@lawyer.
d. a@positive@development,@because@it@provides@greater@access@to@information@they@can@use@as
@part@of@their@decision-making@process.

e. a@neutral@development,@because@lawyers@are@still@the@only@ones@able@to@access@this@information.

6. When@searching@online@for@legal@information,@it@is@best@to
a. trust@that@if@it@is@published@online,@it@must@be@accurate.
b. never@trust@the@information@found@on@a@website.
c. use@American@sources,@as@they@tend@to@be@more@comprehensive@than@Canadian@ones.
d. gauge@the@accuracy@of@the@information@by@the@look@of@the@website.
e. seek@input@from@a@lawyer@when@answers@cannot@be@readily@found.

7. Sophisticated@clients
a. do@not@need@to@retain@a@lawyer.
b. know@that@it@is@better@to@hire@a@lawyer@than@to@conduct@research@on@one's@own.
c. are@willing@to@pay@for@legal@advice@at@any@cost.
d. tend@to@be@embarrassed@to@request@legal@advice.
e. have@the@skill@and@confidence@to@find@basic@legal@information.