Kindly, Please answer the following multiple choice questions. Thanks.

Question 2 (0.5 points) Risk management is best viewed as a task that should be carried out by whom? O stakeholders within and outside the organization 0 a single person within the organization 0 senior managers 0 managers and employees at every level of the organization Question 3 (0.5 points) Which statement is a criticism of the strict application of the common law maxim, caveat emptor? Q It is too costly to enforce. Q It was not codified. Q It unfairly favours the purchaser. Q It often produces unfair results. Question 4 (0.5 points) What is the law's traditional approach to financial or economic losses that are not accompanied by property or personal injury damage? 0 The loss is not usually recoverable. O The recovery of such losses violates the "but for" test. 0 Such losses are recoverable if there is no insurance in place. O The loss is always recoverable. Question 5 (0.5 points) How are secured creditors impacted by the filing of a proposal? O They can realize on their security before or after the debtor has filed a proposal. 0 They will be permitted to vote as a class to reject or accept the proposal. 0 They will no longer be able to realize on their security. O Their interest is converted into an unsecured debt. Question 6 (0.5 points) What are the two distinct forms of corporate tort liability? O primary and secondary 0 primary and vicarious 0 direct and indirect O statutory and vicarious Question 7 (0.5 points) What is a distinguishing characteristic of a joint tenancy? O right of first refusal O division of ownership over time Q two undivided half interests 0 a right of survivorship Question 8 (0.5 points) Which statement best describes the nature of the legal relationship between the bank and customer in terms of the customer's deposit with the bank? 0 The bank is a creditor and the customer is the debtor. O The relationship is governed entirely by the common law of contract. 0 The bank is always a fiduciary to the customer. 0 The bank is the debtor and the customer is a creditor. Question 9 (0.5 points) At what phase of inquiry in a negligence analysis would the court consider the thin skull rule? 0 Were the parties in a proximate relationship? 0 Did the defendant breach the standard of care? 0 Were the damages too remote? Q Did the defendant owe the plaintiff a duty of care? Question 10 (0.5 points) Vida commissioned Grundy, a famous local artist, to create a mural on the wall of her store. The paint is now peeling, and she wants to take action under the Sale of Goods Act. Which statement best describes the most likely outcome? 0 She cannot take action under the Sale of Goods Act because of the principle, caveat emptor. 0 She cannot take action under the Sale of Goods Act because Grundy provided a service, not a good. 0 She cannot take action under the Sale of Goods Act because Grundy provided an intangible good. 0 She cannot take action under the Sale of Goods Act because there were no implied terms or conditions in her contract with Grundy. Question 11 (0.5 points) Ray and Mohammed are forming a general partnership but have not yet discussed how profits will be shared between them. Which statement best describes their legal situation? O They cannot have a partnership until they determined how profits will be shared. O They are automatically entitled to a share proportional to their relative contributions to the capital of the partnership. 0 If they fail to agree, partnership legislation requires them to share profits equally. 0 General partners are always required to share profits equally