Please answer the following questions in about 150-200 words per question.

1. How agency relationship can be created in Canada? Explain in detail.
2. How exactly a limited partner can lose the limited partner status and become a general partner with unlimited liability?
3. What are the major differences between limited partnership and limited liability partnership?
4. Directors owe fiduciary duty to the corporation. Explain.
5. How courts differentiate between an employee and an independent contractor?
6. What are the major methods of securing debt in Canada?
7. Bankruptcy and insolvency are interchangeable terms (they mean the same), do you agree? What are the purposes of Bankruptcy and insolvency Act R.S.C 1985, c. B-3.?
8. List the types of intellectual property in Canada and describe how each one of them is protected under the Canadian Law..
9. Describe the basic elements of the Competition Act and how consumers can be benefited by competition in Canada.
10. What is a restrictive covenant? Share examples of restrictive covenants in employment agreements and discuss when they are enforceable. with references.