[3:10 p.m., 2022-08-18] Ashfaaq: Which of the following is not an advantage of a franchise?

a. The franchisor provides advertising and marketing support.

b. The franchisee can be creative in terms of store design and marketing.

c. The franchisee gets business advice from the franchisor.

d. The franchisee is able to sell a known, popular product or service. [3:10 p.m., 2022-08-18] Ashfaaq: Which of the following business strategies would likely include a licensing agreement?

a. distributorship

b. joint venture

c. foreign direct investment

d. a and b only

e. all of the abov [3:10 p.m., 2022-08-18] Ashfaaq: Binding arbitration is a dispute resolution process:

a. Where the parties discuss and settle their disputes on their own.

b. Where an independent, unbiased third party works as a facilitator to move the two parties to settle their dispute.

c. Where an independent, unbiased third party listens to both sides of a dispute and makes a decision that is binding on both of the parties.

d. None of the above. [3:10 p.m., 2022-08-18] Ashfaaq: It is possible for a Canadian court to apply foreign law to resolve a dispute.

a. True

b. False [3:10 p.m., 2022-08-18] Ashfaaq: Which of the following is correct?

a. It is always advisable for a plaintiff to begin a lawsuit in the jurisdiction where the plaintiff is based.

b. It is usually advisable for a plaintiff to begin a lawsuit in the jurisdiction where the defendant has assets against which the judgement can be enforced.

c. If a Canadian firm that has assets only in Canada is sued in a foreign court, the Canadian firm can safely ignore the lawsuit, as it will not be possible to enforce the foreign judgment against the Canadian assets.

d. a. and c. [3:10 p.m., 2022-08-18] Ashfaaq: If a Canadian business outsources its customer service and billing functions to a service provider in India, the Canadian business:

a. Must ensure that the service provider follows both the laws of India and the laws of Canada regarding the protection of personal information.

b. Must ensure that the service provider follows only the laws of Canada regarding protection of personal information.

c. Must ensure that the service provider follows only the laws of India regarding protection of personal information.

d. Does not need to be concerned with protecting personal information once these functions have been outsourced. [3:10 p.m., 2022-08-18] Ashfaaq: There is currently no overriding international authority for governing the internet that crosses international boundaries.

a. True

b. False [3:10 p.m., 2022-08-18] Ashfaaq: Which of the following events would be considered a force majeure?

a. Air freight prices increased so the exporter chose to ship by sea, resulting in late delivery.

b. Forest fires burned down the warehouse where the goods were temporarily stored.

c. War in the exporting country shut down all borders, preventing the exporter from shipping the goods to the importer.

d. B. and c.

e. A. and c. [3:10 p.m., 2022-08-18] Ashfaaq: A student copies a chapter of a textbook from the library in order to research a class assignment. Is this a violation of copyright?

a. Yes

b. No [3:10 p.m., 2022-08-18] Ashfaaq: Which of the following would be covered by trademark?

a. A formula for new medication

b. Software

c. A movie

d. An advertising slogan

e. A song [3:10 p.m., 2022-08-18] Ashfaaq: Which of the following is true about confidential information?

It is assignable and licensable.

It is not transferable.

It is always owned by the employer.

An employee can always take confidential information from their current place of employment to their next place of employment.