business law questions

Question 1 Which of the following statements about legal aid in Alberta is TRUE? Not yet answered Select one: Marked out of O a. In order to qualify for legal aid in Alberta, you must meet certain financial and substantive criteria. 1.00 O b. The Legal Aid Society of Alberta will look at a person's gross income to see if they qualify for legal aid. Flag question O c. Legal aid covers all legal matters as long as you satisfy the financial requirements. O d. If you do not make lots of money you will always qualify for legal aid. Question 2 You go and see a lawyer about drafting a will for you. After meeting with your lawyer, she tells you that your situation will likely require a standard will, one she has done plenty of during Not yet their years of practice. Based on what you have learned in the course, your lawyer will likely charge you using which of the following methods for billing? answered Marked out of Select one: 1.00 O a. Hourly rate method Flag question b. Value added method O c. Contingency fee method O d. Fixed/flat fee method Question 3 Which of the following statements is FALSE? Not yet answered Select one: Marked out of O a. A contingency fee must be in writing to be enforced by the courts. 1.00 O Flag b. A retainer is not a method lawyers use to see their fees. It is simply a deposit of money, placed in a trust account, to be applied towards legal fees. question O c. If you cannot afford a lawyer, Legal Aid is always available to handle your matter. O d. Disbursements are out-of-pocket expenses paid by the client, over and above the legal fees. Question 4 Which of the following statements is FALSE? Not yet answered Select one: Marked out of O a. There is no Code of Conduct that applies universally to all business people. 1.00 O b. If a lawyer does not uphold the professional and ethical standards set out for them in the profession's Code of Conduct, they could be subject to a disciplinary Flag question hearing before the Law Society. O c. A hearing before the Law Society of Alberta regarding the unethical behaviour of a lawyer could result in the client being compensated with money. O d. A lawyer who is found to have breached the Code of Conduct could be subject to a fine, suspension or disbarment.Question 5 In the article, "Pay me now, or pay more later", the author suggests a number of ways your lawyer can help you. Which of the following was NOT a suggestion? Not yet answered Select one: Marked out of O a. Creating standard form agreements. 1.00 O b. Having your lawyer negotiate terms that are solely business related. Flag question O c. Getting your business started/buying a business. O d. Coaching you or your employees regarding certain areas of the law. Question 6 Which of the following statements is FALSE regarding Alberta's lawyer referral service? Not yet answered Select one: Marked out of O a. It is only available to those who satisfy financial and substantive criteria. 1.00 O Flag b. Is a service provided through the Law Society of Alberta. question O c. There is no charge for the first half-hour interview you have with the lawyer through this service. O d. Once you provide the operator with an idea of the legal issue, he/she will provide you with names of three (3) lawyers practicing in the applicable field of law. Question 7 Your lawyer has not been returning your phone calls. It has been 6 months now since you last had contact. You have not lost anything as a result of this lack of communication, but you Not yet are getting frustrated. Based on the above, who would you contact to make a complaint? answered Marked out of Select one: 1.00 O a. The Alberta Lawyers insurance Association Flag O question b. Legal Aid Alberta O c. The Lawyer Referral Society O d. The Law Society of AlbertaQuestion 8 Which of the following statements is FALSE? Not yet answered Select one: Marked out of a. A successful party in a lawsuit will always recover all of the costs they spent on legal fees from the losing party. 1.00 O b. A photocopying charge is an example of a disbursement. Flag question O c. If you think your lawyer's bill is too high, you can have it reviewed by a review officer. O d. A retainer is a deposit, not a fee. Question 9 Which of the following statements is TRUE? Not yet answered Select one: Marked out of O a. A sophisticated client is a client that has at least two years of post-secondary 1.00 education. Flag O question b. Should a lawyer misuse money given to the lawyer in trust, for example money given as a retainer for fees, then the client is out of luck and without a remedy. O c. A lawyer is bound to follow a client' s unlawful instructions. O d. If a client believes that his/her lawyer has acted negligently and caused him/her financial loss, one of the steps which the client may have to take is to hire a second lawyer to provide an opinion as to whether the lawyer has acted negligently or not. Question 10 On its website, the Law Society of Alberta lists three (3) common complaints that people make about lawyers. Identify the exception. Not yet answered Select one: Marked out of O a. The lawyer won't return phone calls. 1.00 O b. The client doesn't know what' s going on with his/her file. Flag question O c. The lawyer isn't following client instructions. O d. The lawyer is not being aggressive enough with opposing counsel