FOUNDATIONS OF BUSINESS LAW IN CANADA Exam Questions And Answers Verified 100% Correct

FOUNDATIONS OF BUSINESS LAW IN CANADA Exam Questions And Answers Verified 100% Correct Statutes - ANSWER 2024 -Legal rules codified in legislations and regulations, created by elected legislatures Common Law - ANSWER 2024 -Rules developed by judges over time, following the doctrine of precedent (stare decisis) Constitution Act, 1867 - ANSWER 2024 -Sets out Canada's Federal system of government, including the structure and powers of each level of government Canadian Charter of Rights and Freedoms - ANSWER 2024 -Protects individual rights from government interference, with limitations in a free and democratic society Legislative Branch - ANSWER 2024 -Elected body passing legislation, creating regulations, and having the principle of parliamentary supremacy Executive Branch - ANSWER 2024 -Day-to-day functions, policy, administration, and creation of regulations with the force of law Judicial Branch - ANSWER 2024 -Interprets and applies the law, ensuring laws are constitutional and creating common law Canadian Legal System - ANSWER 2024 -Quebec follows Civil law, while the rest of Canada follows Common law Administrative Law - ANSWER 2024 -Body of laws monitoring how government agencies make decisions, including administrative tribunals Administrative Tribunals - ANSWER 2024 Government bodies with decision-making power regarding an administrative matter Procedural Fairness - ANSWER 2024 -Requirement for administrative tribunals to follow rules of natural justice, including giving notice, providing disclosure, and impartial decision-makers Administrative vs. Judicial Process - ANSWER 2024 Main differences include the binding of precedent, consideration of public policy, rules of evidence, and the appeal process Criminal Proceedings - ANSWER 2024 -Involving determination of guilt/innocence and consequences, with the burden of proof on the prosecutor and a standard of guilt beyond a reasonable doubt Civil Proceedings - ANSWER 2024 -Involving lawsuits, liability, and damages, with the burden of proof on the plaintiff and a standard of liable on a balance of probabilities Law - ANSWER 2024 -Rules established and enforced by society/government, regulating conduct and creating predictability Legal Risk Management Plan - ANSWER 2024 - Strategy to identify, evaluate, and manage legal risks, including risk avoidance, transference, reduction, and retention Legal Precedent - ANSWER 2024 -Rule established in a previous case, binding on lower courts in subsequent cases