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Answer the following 3 questions based on the fictional scenario provided below Questions: What arguments will the lawyer be able to make and what procedural

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Answer the following 3 questions based on the fictional scenario provided below

Questions:

What arguments will the lawyer be able to make and what procedural steps must the lawyer take to seek justice for Matilda and Jeremy?

What are the legal issues?

Identify as many legal issues as you can and explain them.

Fictional Scenario:

The year is 2045. Canada has gone through yet another pandemic and

global warming has created wild fires in many parts of Canada. There has

been nothing but crisis after crisis since 2021 and Canada's legal system

has system has remained completely unchanged, so the laws of 2021

continue to apply.

Helen Troy, leader of the Save the Planet Party, has been elected Prime

Minister and she has formed a majority government. She and her party

introduce Bill 1 that requires every person in Canada to obtain a license to

use any fossil fuels. The Bill simply reads as follows:

"Every person in Canada shall be prohibited from using fossil fuels of any

kind whatsoever without a license issued by the Fossil Fuel Regulatory

Board which shall be comprised of individuals appointed by Governor in

Council. Fees will be established by this Board from time to time by

regulation".

The Bill is adopted by Parliament but the Governor-in General refuses to

approve it. So, Helen Troy passes a new law which provides that the

Governor General's refusal to approve is without legal effect given that

Canada is a free and democratic society.. That is the entire statute.

The first and only regulation adopted by the Board is one which sets the

license fees for the use of fossil fuels. It is set at $1000 for the use of any

fossil fuel up a set limit. If the limit is going to be exceeded, another $1000

must be paid for the same quantity. Every citizen is required to obtain an

app that monitors all forms of fossil fuel consumption through the "internet

of things". The regulation goes on to prohibit farmers from raising cattle to

reduce the production of methane from cow manure and requires farmers

to grow plants suitable for "beyond beef" vegan products.

Matilda and Jeremy are farmers in Ontario who previously raised beef.

They immigrated from a distant country and invested $500,000 in their

cattle business. They also use fossils fuels for their tractors and other farm

equipment to grow a wide variety of plants and crops. They hire a lawyer

who writes a letter to the Prime Minister threatening to take the government

to court over this law.

Helen Troy directs the Board to increase the fossil fuel license fee to

$10,000 for anybody who challenge the law in court and the regulation is

amended accordingly.

Matilda and Jeremy are struggling financially as a result of these measures,

but a lawyer decides to take on their case pro bono. (no charge). They

have already lost $30,000 since the law was adopted 3 months ago and

are losing $10,000 every month

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O decision support system document management system O central document repository business process management Question 9 (1 point) Which of the following target company characteristics represents a moderate risk for a MGA scenario? Good eDiscovery protocols, few litigation holds Poorly managed, poor documentation, serial litigation )Adequate eDiscovery. DMS inplace. some litigation holds )No eDiscovery experience. good recordkeeping, no litigation holds Question 10 (1 point) Which of the following is useful for indexing large volumes of documents and can index according to file type and words? Boolcan operators optical character recognition fuzzy searching discarchQUESTION 2 The marginal revenue curve for a monopolist is O equal to price. O above price because the firm is a price setter. O below price because to sell more units the firm must reduce the price of all units. O below price because the firm is a price taker. QUESTION 3 Which of the following rules is satisfied when a monopoly is maximizing profit? O P = MC O MC = ATC O MR = MC O P = MR QUESTION 4 Use the Following information to answer Questions 4 and 5. A monopoly firm has its profit-maximizing output level at 30 units. Its monopoly price is $50 and its ATC at 30 units is $30. What is the firm s average profit per unit? O $20 O $50 O $25 O $30 QUESTION 5 Use the Following information to answer Questions 4 and 5. A monopoly firm has its profit-maximizing output level at 30 units Its monopoly price is $50 and its ATC at 30 units is $30 What is the form s total profit? O $20 O $600 O $1,500 O $900Question 25 4 pts The following facts apply to Papyrus Corp's pending litigation as of December 31, 2021. Papyrus is defending against a lawsuit. Papyrus's management believes it is probable that the company will lose in court. If it loses, management believes that damages could fall anywhere in the range of $1,040,000 to $3,080,000, with any damage in that range equally likely. Indicate how Papyrus should disclose or account for the lawsuit under GAAP. Papyrus should not accrue any litigation damage but should still provide information about the pending litigation in a disclosure note. O Papyrus should accrue the $1,040,000 litigation damage and provide information about the pending litigation in a disclosure note. Papyrus should accrue the $3,080,000 litigation damage and provide information about the pending litigation in a disclosure note. Papyrus should accrue the $2,060,000 litigation damage and provide information about the pending litigation in a disclosure note.Question 3 Not yet anawered Points out of a.go ' .Flag question Sandy Shoes Foot Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted with its attorney and determined that it is possible that they may lose the case. The attorneys estimated that there is a 40% chance of losing. If this is the case, their attorney estimated that the amount of any payment would be $800,000. What is the required accounting as a result of this litigation? Select one: a. Debit Litigation Loss for $800,000 and credit Litigation Liability for $800,000. b. Debit Litigation Loss for $320,000 and credit Litigation Liability for $320,000. c. No journal entry is required. The possible loss should be disclosed in the Notes. d. No accounting is required

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