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b law mc QUESTION 30 Which of the following is a feature of condominium ownership? Owners are not liable for any debts incurred by another

b law mc

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QUESTION 30 Which of the following is a feature of condominium ownership? Owners are not liable for any debts incurred by another owner with respect to the property; The owner of a unit has exclusive right to possession of such unit; The owner of each unit in the development also owns a share of the common elements; The consent of the condominium corporation is not required for a unit to be rented; All of the above. QUESTION 31 In the absence of some specic contractual requirement, an agency arrangement may be terminated by the agent giving notice to the third parties it has contracted with for the principal. the principal giving notice by newspaper advertisement that the agency relationship is over. the principal and agent disagreeing about any issue whatsoever. the performance of the agency becoming more difficult than first imagined. the principal giving notice to the agent that the agency agreement is terminated. QUESTION 32 Satinder is an employee of Bog Systems Inc. She acts as an agent on behalf of the corporation in that she buys office furniture on behalf of the corporation. Which of the following is TRUE? Satinder can be terminated as an employee at any time by Bog for any reason so long as there is no discrimination. Satinder can be terminated as an employee by Bog only for just cause or with reasonable notice or compensation in lieu of notice. Satinder cannot be terminated as an employee by Bog except for just cause. Satinder is automatically terminated as an employee by Bog if Bog goes bankrupt. Satinder can be terminated as an employee by Bog only with the appropriate payment under the Employment Standards Act. QUESTION 33 Which of the following statements regarding a principal's liability for the torts of its agents is TRUE? A principal is never responsible for the torts of its agents. A principal is always responsible for the torts of its agents. A principal is only responsible for the torts of it agents if it specically authorized the activity by the agent that constituted the tort. A principal is only responsible for torts committed by agents who are also employees of the principal. A principal is responsible for the torts of the agent who is acting in the actual or apparent scope of the agent's duties or authority. QUESTION 34 The most signicant disadvantage of using a sole proprietorship is that the sole proprietor alone must do all the work in the sole proprietorship business. the sole proprietor has unlimited personal liability for all obligations of the business. the sole proprietor must obtain a business licence. the sole proprietor must register a business name. it is simple to terminate

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