PART 1

MULTIPLE CHOICE AND TRUE/FALSE QUESTIONS (18 MARKS)- USE THE HIGHLIGHT FUNCTION TO HIGHLIGHT YOUR ANSWER IN YELLOW

1.A novel that is copyright protected, cannot be copied or reproduced without permission for:

(a)Life of creator plus 50 years

(b)25 years

(c)For as long as the author is alive

(d)Forever

2.Trademarks protect:

(a)Business names

(b)Business logos

(c)Business slogans

(d)All of the above

3.Which statement is incorrect?

(a)Industrial designs are decorative, not functional

(b)Inventions that are improvements to other inventions may be patented

(c)Patents must be useful

(d)Trademark law is based on a tort

4.Which is not a prohibited ground of discrimination?

(a)Race

(b)Age

(c)Disability

(d)Political views

5.A potential employer can ask a potential employee who is being interviewed for a position if they are a Canadian citizen.

(a)True

(b)False

6.Adverse effects discrimination occurs when:

(a)A rule that appears neutral and applies to everyone is discriminatory on an individual

(b)The impact of the discrimination is adverse

(c)The discrimination negatively impacts the individual

(d)An employer imposes a rule on one employee that they do not impose on all employees and it causes an adverse impact

7.If an employee sues an employer for wrongful dismissal, the employee has to prove their case___________________?

(a)On a balance of probabilities

(b)Beyond a reasonable doubt

8.Whose assets are exposed if a corporation cannot pay its debts?

a)The officers and directors

b)The shareholders

c)The corporations

d)The CEO

9.How are a sole proprietorship and a partnership similar?

(a)There is no legislation affecting either type of business

(b)Both require special steps to create

(c)Neither is a legal entity with capacity to contract

10.Which of the following statements is true:

(a)An agent can hire a principal to enter into contracts on behalf of the agent

(b)A principal can hire an agent to enter into contracts on behalf of the principal

(c)A principal can hire an agent in order to protect the principal from liability

(d)An agent can hire a principal in order to protect the agent from liability

11.Any person can buy shares of a public corporation.

(a)True

(b)False

12.A negotiable instrument includes:

(a)Cheques, money, promissory notes and consumer notes

(b)Cheques, promissory notes, bills of exchange and consumer notes

(c)Money, promissory notes, bills of exchange and consumer notes

(d)Money, cheques, bills of exchange and consumer notes

13.Letters of credit are commonly used when?

(a)When the parties trust one another and do not need any assurance from a bank regarding the parties' ability to pay

(b)For international business deals

(c)When parties cannot prove that they are solvent

(d)When the parties bank at different banks

14.Which statement is incorrect regarding thePersonal Property Security Act?

(a)The PPSA permits lenders to know what other registered debts/loans the debtor has

(b)The PPSA permits lenders to see what assets of the debtor have already been used to secure a loan

(c)The PPSA allows a lender to see where they are in priority regarding the debtor's debts

(d)The PPSA allows lenders to see all unsecured loans the debtor has

15.Happy Hour Company is unable to meet its debts.This means that:

(a)Happy Hour Company is insolvent

(b)Happy Hour Company is bankrupt

(c)Happy Hour Company is insolvent and bankrupt

(d)Happy Hour Company is not happy

16.Abi Accounting Firm acts as a trustee in bankruptcy for Rufus Restaurant Inc.Which of the following statements is incorrect?

(a)All of Rufus Restaurant Inc.'s assets would be transferred to the trustee in bankruptcy

(b)Abi Accounting Firm is licensed by the Office of the Superintendent of Bankruptcy

(c)Abi Accounting Firm's will assess the estate and make a statement of Rufus Restaurant Inc.'s assets and liabilities

(d)Abi Accounting Firm will sell all of the Rufus Restaurant Inc.'s assets and give all proceeds to the owners of Rufus Restaurant Inc.

17.Saviano owes $175,000.00 in credit card and line of credit debt.He does not know what to do.He wants to pay his debts, but wants to see if the credit card companies and bank will take less than the $175,000.00 he owes.He knows that his credit rating will be damaged as a result of his failure to pay all of his debt.What is the best solution for Saviano?

(a)File for bankruptcy

(b)File for insolvency

(c)File for consumer proposal

18.Under which act can an insolvent business seek protection from creditors in order to reorganize?

(a)Companies' Creditors Arrangement Act

(b)Personal Property Security Act

(c)Bankruptcy and Insolvency Act

(d)Bank Act

NEWS ARTICLE BASED QUESTIONS (12 MARKS)

Elliot Lake Mall Collapse

https://www.cbc.ca/news/canada/sudbury/elliot-lake-fatal-mall-collapse-comes-down-to-human-failure-report-says-1.2799021

QUESTIONS (12 MARKS)

1.Identify the tort committed by the engineer (1 mark)

2.Identify the legal test (4 marks)

3.Apply the legal test to the facts (4 marks)

4.Does thedefenceof contributory negligence apply here?Why or why not(2 marks)

5.Identify the damages the plaintiff(s) sue for? (1 mark)

a.General damages

b.Special damages

c.Pecuniary damages

d.Non-pecuniary damages

e.All of the above

f.B and C only

g.A and D only