Questions and Answers of Managing the Law

“Although the general principles always are the same, each province (and territory) has its own Bills of Exchange Act, which must be carefully checked for possible differences. As with the Sale of
What is a “negotiable instrument”? What does the word “negotiable” mean in this context?
Closed Door Bakery Inc (CDBI) is a large company that produces and sells a variety of baked goods. Because of its success in Canada, the company wants to sell its goods abroad as well. It therefore
In 1995, Oli Bonli was 88 years old. He owned some land that he agreed to lease to Mr Turner for five years with an option to purchase the land when the lease expired. The purchase price for the land
Describe the doctrine of public policy. Why might it be a concern for risk management?
How can you determine who bears the risk when the subject matter of a contract is frustrated?
Does the Statute of Frauds have effect throughout Canada? Briefly explain the rationale for the writing requirement.
What types of contracts must be evidenced in writing?
Under what circumstances will a person be liable for a contract that they entered into while intoxicated?
Mike decided to put his farm up for sale in January. After seeing the listing, Shirley, an experienced farmer, came to look at the property. During the tour of the farm, Shirley told Mike that her
State and explain the “contra proferentem rule.”
State and explain the “golden rule” of interpretation.
Given the parol evidence rule, what is the most reliable method by which two parties can change the terms of a standard form contract?
Why is it important for business people to know and understand the parol evidence rule?
Ann agreed to provide a car to Bruno in exchange for his promise to pay $8000 to her sister, Claire. Ann actually delivered the vehicle as promised, but Bruno refuses to pay any money to Claire. Is
Five years ago, Arvid and Dora were involved in an amorous relationship while they studied business together at college. Since that time, they have gone their separate ways and have moved to
Mack Darin owns and operates a store in a rough downtown neighbourhood. Last week, he received a shipment of switchblade knives. He placed one of the knives in his store window, alongside a small
“A company is in danger of committing a tort every time it hires a person away from a rival company.” Explain the extent to which that statement is true.
Indira, an employee of Speedit Delivery Service, left a package at the front door of 57 Rollingwood Drive. In fact, she was supposed to leave it at the front door of 75 Rollingwood Drive. Late that
Lafarge Canada Inc developed plans to build a new set of docks in Vancouver’s harbour. The land was owned by a federal body named the Vancouver Port Authority (VPA). The VPA was created under a
Rabby Industries Ltd manufactures computer software. Late last year, it launched Budget Smart, a program that allows users to manage their finances from their home computers. It shipped 1 000 000

Showing 200 - 300 of 221

1
2
3