Canada Business Law

Question 36 (1 point) What is the combined legal effect of attachment and registration of a security agreement at the Personal Property Security Registry? Guarantee of priority over all other creditors Seizure of the debtor's property Credit insurance becomes available Perfection of the creditor's security interest' Question 37 (1 point) Doctrine of paramountcy provides that Common law prevails over statute law when there are conflicting views. Provincial law prevails when there are conflicting or inconsistent federal and provincial laws Statute law prevails over common law when there are conflicting views Federal law prevails when there are conflicting or inconsistent federal and provincial laws Question 38 (1 point) Raphael saw Fabco Electronics Inc.'s ad in a newspaper advertising that the store had new laser printers for sale for the price of $75. Unfortunately, the store was sold out by the time Raphael arrived at the store with $75, and he now wants to sue Fabco for breach of contract, claiming he accepted their offer by arriving at the store and tendering his payment of $75. Why will Raphael's breach of contract claim be unsuccessful? O because the offer lapsed due to the passage of time o because the store was not able to actually supply him with a printer because the offer expired when the store ran out of printers because the store's ad did not constitute an offer to Raphael Question 39 (1 point) Rodolfo was permanently injured in a vehicle collision. He retained Pilgren six months prior to the limitation date to commence a law suit on his behalf. Pilgren incorrectly noted the limitation date. As a result, he failed to file the claim within the prescribed time. What is the tort that arises in these circumstances? O negligence professional incompetence professional negligence O incompetence Question 40 (1 point) What is the term for an employee's deliberate failure to carry out lawful and reasonable orders? Insubordinate conduct Willful insolence O Incompatible conduct Willful disobedience