Test Bank for Business Mathematics In Canada 15th Edition By F. Ernest Jerome, Tracy Worswick Fully Covered A+ Guide Newest Version

Test Bank For Law and Business Administration in Canada,
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The, 15th Edition by J E. Smyth, Dan Soberman, A J. Easson,
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Shelley McGill Chapter 1-32
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Apsimplepdefinitionpofplawpwouldpbepmisleadingpbecauseplawpispso
a.pboundpuppwithptheprulepofplaw.
b.pdiversepandpcomplex.
c.pdifficultptopdefine.
d.pnonepofpthepabove
e.pallpofpthepabovep-ppppANSWERpppb
Diff:p2
Type:pMC
Topic:pThepRolepofpLaw
Skill:pRecall

2

Wepneedptophaveplawpbecausepit
a.pregulatespindividuals'pinteractionspwithponepanother.
b.pgivespthepgovernmentptheppowerptopactpforpthepbenefitpofpsocietypinpgeneral.
c.pprovidespanpelementpofpcertaintypinpdeterminingpcontractualpandppropertyprights.
d.pprotectsppersons,pproperty,pandpsociety,pandpprohibitspconductpthatpsocietypbelievesp
ispharmful.
e.pallpofpthepabovep-ppppANSWERpppe
Diff:p2
Type:pMC
Topic:pThepRolepofpLaw
Skill:pRecall

3

Thepfactpthatplawspthatpappearptopbepunjustpmustpstillpbepobeyedpsuggestspthat
a.pjusticepispmerelypthepresultpofpthepinfluencepofpethics.
b.pjusticepispmerelypapproductpofpsocialpmorals.
c.ptherepispapdifferencepbetweenpgoodplawspandpbadpones.
d.pinpreality,pwepmustpthinkpofpjusticepaspnothingpmorepthanpthepresultpofpourplegalpsyste
m.
e.pthosepwhopmakeptheplawspjustpdopnotpcare.p-ppppANSWERpppd
Diff:p3
Type:pMC
Topic:pThepRolepofpLaw
Skill:pApplied

4

,ThepCanadianplegalpprofessionpisporganizedponpapprovincialpbasispwithpeachpprovinceph
avingpitspownp"bar"psociety.pHowever,papmemberpofpanypprovincialpbarpmaypappearpbefo
re
a.pthepHousepofpLordspinpEngland.
b.pthepInternationalpWarpCrimespTribunal.
c.pthepSupremepCourtpofpCanada.
d.panypHumanpRightspTribunalpinpanypprovince.
e.panypLandlordpandpTenantpBoardpTribunalpinpanypprovince.p-ppppANSWERpppc
Diff:p3
Type:pMC
Topic:pLegalpRiskpManagement
Skill:pRecall

5

JoephiredpJulie,paplawyer,ptopdefendphimponpassaultpcharges.pAtptheirpfirstpmeetingpheptol
dpherpthepdetailspconcerningphispinvolvementpinpthepassault.pAfterpapdisputepbetweenpJo
epandpJuliepinprelationptoplegalpfees,pJoepdecidedptopretainpapnewplawyer.pTheppolicepatte
ndedpatpJulie'spofficeptopaskpherpquestionspconcerningpwhatpJoeptoldpherpaboutpthepassa
ult.pInpthesepcircumstances
a.pthepsolicitor/clientpprivilegepdoespnotpallowpJulieptoprevealpanypcommunicationspsheph
adpwithpJoepwithoutphispapproval.
b.pgivenpthatpthepsolicitor/clientprelationshipphaspended,pJuliepispatplibertyptopdisclosepthe
pinformation.

c.pthepsolicitor/clientpprivilegepdoespnotpextendptopadmissionspbypclientspofpwrongdoingp
sopcommunicationspmustpbepdisclosed.
d.pJuliepispatplibertyptopdisclosepanypinformationpinprelationptopthepdisputepwithpJoepoverpf
eespbutpnotpinprelationptopcommunicationspaboutpthepassault.
e.pthepCanadapEvidencepActppermitspJup-ppppANSWERpppa
Diff:p3
Type:pMC
Topic:pLegalpRiskpManagement
Skill:pApplied

6

Apcompliancepofficerpemployedpbypapbusinesspforppurposespofpmonitoringplegislativepre
quirementspapplicableptopthepbusinesspensures
a.pthatpoutsidepcounselparephiredpbypthepbusinessponpapgeneralpretainerpbasisptoprespon
dptopurgentpmatters.
b.pthatpthepbusinesspcompliespwithpallpregulatorypandplegislativeprequirementsptopavoidp
claims,pfinespandpotherppossibleppenaltiesporpsanctions.
c.pthatpprobationarypemployeesparepscreenedpandpmonitoredpappropriatelypbypthepbusi
nesspinpthep90pdaypperiod.
d.pthatpthepbusinessppayspoutstandingpfines.
e.pthatpsomeonepattendsponpallpSmallpClaimspCourtpmatterspwherepoutsidepcounselparep
notprequired.p-ppppANSWERpppb
Diff:p3
Type:pMC

,Topic:pLegalpRiskpManagement
Skill:pApplied

7

Whenpwepsaypthatptheplawpisppartpofpeverypfacetpofpbusiness,pwepmeanpthat
a.pitpispcentralptopbusinesspinteractionpwithpcustomers,psuppliers,pcompetitors,pandpgove
rnment.
b.pbusinesspcannotpsucceedpwithoutpunderstandingptheplaw.
c.pitpoutlinespwhatpwepdo,phowptopdopit,pandpwhatpnotptopdo.
d.pthepfailurepofpbusinessesptopcomplypwithptheplawpmaypresultpinpcriminal,pregulatory,pan
d/orpcivilpliability.
e.pallpofpthepabovep-ppppANSWERpppe
Diff:p2
Type:pMC
Topic:pLawpandpBusiness
Skill:pRecall

8

Effectivepoperationpofpapbusinessprequirespthatpbusinesspmanagers
a.prelyponplawyersptopformptheprightpquestionspandpanswerspforplegalpissues.
b.pdopnotphaveptopbecomepexpertspinpthepactivitiespofptheirpbusinesses.
c.psimplyprelyponpthepdecisionspmadepbypthosepinpauthoritypabovepthem.
d.pdopnotphaveptopfamiliarizepthemselvespwithptheplaw.
e.pmustpknowptheplawpandpmustpunderstandptheplegalpriskspassociatedpwithpthepeveryda
ypchoicespthatptheypmake.p-ppppANSWERpppe
Diff:p2
Type:pMC
Topic:pLawpandpBusiness
Skill:pRecall

9

Apriskpmanagementpplan
a.pdoespnotprequirepregularprevision.
b.pdoespnothingptoppromotepthepbetterpconductpofpapbusiness.
c.pisponlypnecessarypinpsophisticatedpbusinesses.
d.pdoespnotpnecessarilypinvolvepaplawyerpinpeveryppartpofpthepoverallpplan.
e.phelpspapbusinessptopidentifypandpanticipateppotentialplegalpliability.p-ppppANSWERpppe
Diff:p2
Type:pMC
Topic:pLawpandpBusiness
Skill:pApplied

10

Whichpofpthepfollowingpwillpapbusinesspuseptopreducepitspliability?
a.priskpreduction
b.priskpabsorption

, c.priskpavoidance
d.priskptransfer
e.pallpofpthepabovep-ppppANSWERpppe
Diff:p1
Type:pMC
Topic:pLawpandpBusiness
Skill:pRecall

11

Topimplementpapriskpmanagementpplan,papbusinesspmustpfirst
a.pprioritizeptheprisks.
b.pdeveloppeffectivepstrategiesptopdealpwithptheprisks.
c.previsepthepplanponpapregularpbasis.
d.pimplementpthepplan.
e.pconductpaplegalpauditpofpthepbusinesspoperation.p-ppppANSWERpppe
Diff:p3
Type:pMC
Topic:pLawpandpBusiness
Skill:pApplied



12

Inpdecidingpwhetherpapstatutepispvalidporpinvalid,pthepcourtpmustpconsider
a.pthepeffectpthatpthepstatutephas.
b.ptheppurposepofpthepstatute.
c.pwhetherpitpshouldpinterpretpthepstatutepbroadly.
d.pwhetherpitpshouldpinterpretpthepstatutepnarrowly.
e.pallpofpthepabovep-ppppANSWERpppe
Diff:p2
Type:pMC
Topic:pThepCourtspandpLegislation
Skill:pRecall

13

Apbindingpcodepofpconductpispa
a.pgeneralpcodepofpconductpthatpispavailableptopanyone.
b.pcodepofpconductpestablishedpvoluntarilypbypindustry.
c.pcodepofpconductpthatpgovernmentspimposeponpbusinesspandpindustry.
d.pcodepofpconductpthatpregulatespspecifiedpactivities,psuchpaspthosepofpprofessionals.
e.pcodepofpconductpthatpapfirmporpbusinesspimposesponpitself.p-ppppANSWERpppd
Diff:p2
Type:pMC
Topic:pLawpandpBusinesspEthics
Skill:pRecall

14