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ANSWER ALL OF THE QUESTIONS BELOW ON THE SCANTRON SHEET PROVIDED. EACH QUESTONISWORTHONE MARK CHAPTER1-KNOWLEDGE OF LAW AS A BUSINESS ASSET 1) In what way

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ANSWER ALL OF THE QUESTIONS BELOW ON THE SCANTRON SHEET PROVIDED. EACH QUESTONISWORTHONE MARK CHAPTER1-KNOWLEDGE OF LAW AS A BUSINESS ASSET 1) In what way is SPAM different from marketing? a) SPAM is solicited by the recipient b) SPAM is electronic messaging that is unsolicited by the recipient. c) SPAM is customized to the recipient for maximum effectiveness. 2) Champion Well Driling Inc. is being sued for rupturing a gas line while drilling a well on a customer's property. How might Champion best avoid similar risks in the future? a) by developing and implementing a legal risk management plan b) by limiting itself to zero-risk projects c) by hiring a mediator to assist in resolving future legal disputes 3) Which of the following best defines business law? a) rules governing procedures involved when one person sues another b) rules providing members of a society with established rights c) rules governing commercial relationships and the enforcement of rights CHAPTER 2-THE CANADIAN LEGALSYSTEM 4) The Charter is a powerful constitutional document because it provides protection from improper or oppressive (A. government conduct / B. contractual practices). 5) What is the difference between common law and statutory law? a) The common law can have the effect of reversing statutory law. b) Statutory law always replaces and overrules common law unless it is unconstitutional. c) Common law principles are based on statutory law Page 2 of 8

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