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1. What are the potential consequences of a limited partner assumes management responsibilities contrary to apartnership agreement or the Limited Partnership act ? 2 .What

1. What are the potential consequences of a limited partner assumes management responsibilities contrary to apartnership agreement or theLimited Partnership act ?

2 .What is the most important advantage of using a corporation to operate a business?

3. Briefly describe the legal charateristics of a sole proprietorship

4. Explain what negotiable instruments are, and name which three forms they take in Canada.

5.What is debt financing?Give two ways that it may be accomplished.

6.What inexpensive searches can a potential creditor conduct to learn about a debtor's past repayment performance?

7.List four remedies that may be ordered by a human rights tribunal

8List 6 steps a business can take to reduce the risk that an independent contractor will be characterized as an employee by a court.

9.Briefly describe the four key rights given to workers by theOccupational Health and Safety Act.

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