1) Describe the process involved when one person sues another in a civil action. (10 marks)

2) Discuss strategies and practices that a business person (or a company) might use to avoid being a defendant in a tort action. (10 marks)

3) Discuss frustration in contract law and indicate when it is available and how and why it has been modified by statute. (10 marks)

4) Discuss the concept of vicarious liability as it relates to employment and agency law. (10 marks)

5) Discuss and contrast the various methods of financing a corporation. Deal with the advantages and disadvantages of each. (10 marks)